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YourStory raises funding; to launch Indic tech portal

Media company YourStory has raised an undisclosed amount of funding in a Series A round of funding led by Kalaari Capital and with participation from Qualcomm Ventures, T V Mohandas Pai and Ratan Tata. This is the company’s first fundraise. YourStory will use the funds to launch a tech portal that will publish original stories in various Indian languages starting with Telugu, Bengali, Hindi, Marathi, Kannada and Tamil. The company mentions that it will “give every Indian the power to tell their stories in their own language through text, voice or video”, so it looks like users will be able to sign up and write their own stories to contribute to the platform. However, the platform also mentions that it will have a team to create content, so its not clear what kind of publishing structure it will follow. Founded…

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