Mumbai-based Aurality has raised Rs 1.496 crore ($300,000) in seed funding from a group of angel investors including Google India MD Rajan Anandan, Vikas Taneja, Indian Angel Network’s Sunil Kalra and Blume Ventures, reports Techcircle. The company intends to use the funds raised for product development and to hire more people.
Aurality is a mobile app that acts as a personal web radio allowing users to listen to their favorite blogs, news, articles or any website. The app fetches the text from these sources, converts them into audio and stream it in real time. Users can create their own personalized radio stations based on topics that interest them or by subscribing to any RSS feed, or listen to Aurality’s recommendations which streams top news across various genres like sports, business, entertainment, technology, heath and travel, from across the world in real time. Users can also share content with their friends through Email or on Facebook and Twitter.
The app is currently available on iOS for free in US and India, but the company intends to launch an Android app in the forthcoming future.
Competitors: While the app doesn’t seem to have competitors from India, there are apps like Buzzvoice (previously PimpMyNews), Stitcher and PlayText which allow users to listen to their favorite blogs and news articles on their phones.