Homegrown short form video app Bolo Indya plans to raise around $6 million-$7 million ( ₹45-51 crore) as it looks to ramp up the platform’s personalisation and recommendation engine and predictive analytics capabilities. It also considering expanding its team by 100%, with special focus on technology and e-commerce, and setting up a training platform for creating, a senior executive at the startup told Mint.
The startup is in advanced talks with investors for the funding and is hoping to finalise the deal by March 2021.
