Pratilipi, a digital storytelling platform, has raised $20 million in its Series E funding round led by Jungle Ventures. The round includes $12 million in primary investment and $8 million in secondary.
The funds raised will be used to support its expansion into new storytelling formats, including animation and vertical drama shows, while also facilitating its entry into new geographies beyond India.
“At Pratilipi, our mission has always been to empower storytellers and connect them with audiences worldwide. This funding reflects the scale of that vision—it enables us to push beyond text into dynamic formats like anima on and vertical dramas while accelerating our global expansion. As we continue to grow, our focus remains on creating a platform where every storyteller, regardless of language or medium, can find their voice and reach millions. With Jungle Ventures as a partner, we are well-positioned to redefine how stories are created, shared, and experienced across the world,” said Ranjeet Pratap Singh, Co-Founder and CEO of Pratilipi.
Arpit Beri, Partner, India Investments, Jungle Ventures, said, “We’ve been closely tracking social and content platforms across the region that demonstrate deep consumer love. With over 2 hours of daily engagement per user and a rapidly growing user base, Pratilipi has cracked the code to building something truly rare, with massive potential both in India and globally. Ranjeet and the team have built a culturally resonant, creator-first platform that’s unlocking the true power of vernacular storytelling. We’re excited to partner with them in this next phase of growth.”
Founded in 2014, Pratilipi is a storytelling platform that offers a diverse range of content formats, including audiobooks, podcasts, comics, web series, and movies. Pratilipi specializes in text and audio narratives in Indian languages like Hindi, Gujarati, Bengali, Marathi, and Malayalam. It
Pratilipi’s ecosystem includes Pratilipi Literature, Pratilipi FM, Pratilipi Comics, IVM Podcasts, Indie Press and Westland Books.
Over the past year, Pratilipi has seen strong organic growth across its ecosystem. Its core online literature business is now profitable and cash flow positive. Its audio vertical – Pratilipi FM has started to scale meaningfully, driven by increasing consumption among younger, mobile-first audiences. The company has also expanded its content offering across publishing and audio formats through the acquisitions of publishing house Westland Books and the Indian multilingual podcast network IVM Podcasts.