Josh Talks raises $3.5 Million from Ankur Capitals and Others

Josh Talks, a regional content, and upskilling platform has raised $3.5 million in a round led by Ankur Capital and other prominent investors such as Vijay Shekhar Sharma (Paytm), Vaibhav Domkundwar (Better Capital), Vineeta Singh (SUGAR Cosmetics), and Ritesh Agarwal (OYO).

The organization is planning to use the newly raised funds to improve the product, scale Josh Skills, and experiment with new product lines that meet the expectations of this user segment. The firm earlier raised $1.5 million from New York-based Media Development Investment Fund. 

Supriya Paul, CEO and co-founder, Josh Talks has said, “Over the past two years, we have doubled down on two things, growing our distributions across 10 languages and creating a product that monetizes this distribution network. We have been able to understand the aspirants of young India and have built one of the largest online communities, which is in turn directed towards our application.” 

She further said that the company plans to expand its offerings, strengthen its executive team and take Josh to every household in India with the new capital.

Founded in 2015, Josh Talks has an average of 85 million monthly views on all platforms and is interactive with the launch of the Josh Skills app, which has over 200,000 paid subscribers from Tier 2 and Tier 3 cities. Indian startups raised more than $10 billion in the first quarter of 2022, up from $5.7 billion in the same period in 2021, according to Venture Intelligence data.