Bengaluru, 04th April, 2025: Pratilipi, India’s largest digital storytelling platform, today announced the successful closure of its $20 million Series E funding round led by Jungle Ventures. The round includes $12 million in primary investment and $8 million in secondary. This latest fundraise will support Pratilipi’s expansion into new storytelling formats, including animation and vertical drama shows, while also facilitating its entry into new geographies beyond India.
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 Indian multilingual podcast network IVM Podcasts.
“At Pratilipi, our mission has always been to empower storytellers and connect them with audiences worldwide,” said Ranjeet Pratap Singh, Co-Founder and CEO of Pratilipi. “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.”
Pratilipi today is home to India’s most engaged storytelling communities. The platform continues to grow steadily across languages and geographies, with strong adoption in tier 2 and 3 cities. Newer formats, such as comics, audio series, and bite-sized videos, are helping the platform reach young, first-time users who engage deeply with regional stories.
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.” The company expects this to be its final primary funding round ahead of a potential public listing.