WittyFeed, world's second largest and India's largest viral content company has also emerged as 20th most visited websites in India surpassing the most major social networking sites Twitter & Instagram being the fastest and youngest company to attain this ranking. The latest Alexa ranking as on 22nd February shows as the 20th most visited website in India. This is an enormous achievement for the viral content website from tier 2 cities in India called Indore.
Started from a small hostel room this startup has achieved a lot from its inception. WittyFeed which began with barely a hundred thousand users has quickly built up its user base. And now it has successfully acquired the position of 20th most visited websites in our country beating Instagram, a mobile photo-sharing application and Twitter, one of the leading social networking service providers.
Initially, they begin with only its owners' Facebook content but have since diversified into 18 categories including travel, inspiration, relationships, health & fitness, and celebrities. It has 21000 stories by 200 writers from across the globe to back its claim.
WittyFeed is an indigenous and a 100% bootstrapped company which has thrived and grown to this stratum. It is currently valued at $30 million. The company registered a revenue of Rs. 26 crores in the last FY and expects to cross Rs. 35 crores this year. The company is looking to expand more in the US market as it contributes to company's 30% traffic.
Vinay Singhal, Co-Founder & CEO
On this achievement Vinay Singhal, Co-Founder and CEO, WittyFeed said, "This is indeed a very significant achievement for us, and I am very glad that WittyFeed had reached to this position. It is a great achievement for our entire team to transcend some leading social networking sites just in two years. This feat motivates us to believe in ourselves and works hard to accomplish new milestones in coming years. I wish that the future holds more heights of success for WittyFeed".
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To match up to the latest trends and viewer's preferences, WittyFeed has also launched Web Series to engage with its audiences. It also plans to launch portals in other languages like Tamil, Marathi, Punjabi, Bengali etc. other than its English and Hindi platforms. The company is expecting the same kind of enthusiasm and support from the public for its upcoming portals as it has got it for their English and Hindi Portal. WittyFeed's ultimate motto will be to work on the insights, content and to connect with the audience artistically.
It aims to become the single largest Content Exchange where a brand can share its message, and the rest would be taken care of by the ecosystem.
Recently a lot of brands have also started availing services of WittyFeed to help their messaging and campaigns become viral in order to supplement their marketing efforts. WittyFeed expects to generate a steady flow of revenue by these brand tie-ups and emerge a top player in this category.
Disclaimer: No Business Standard Journalist was involved in creation of this content
