India: Media startup SillyMonks raises funding

Digital and entertainment media startup SillyMonks raised Rs.3 crore from a high net-worth individual as it plans to launch six web series properties and consolidate its market position.

SillyMonks, owned by SillyMonks Entertainment Pvt Ltd, is a multi-channel network (MCN) delivering 100 million views a month through 650 channels on video-sharing website, YouTube.

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