Angel network Inflection Point Ventures along with Paytm’s Vijay Shekhar Sharma and others has invested Rs 3.5 crore in homegrown OTT platform Stage.
The startup plans to use the funds for building a stronger content library and launching a subscription service of their platform.
Launched in 2019 by Vinay Singhal, Shashank Vaishnav and Parveen Singhal, Stage claims over 1.5 million downloads in Haryanvi dialect alone. It is now available in Rajasthani dialect and plans to launch new dialects such as Bhojpuri, Maithili and Magadhi this year. It is also the only artist-based OTT platform in the country with content in