Delhi-based media website Inc42 has raised pre-Series A funding from institutional funds like Unicorn India Fund and Mohandas Pai’s fund Aarin Capital; as well as a cluster of angel investors and entrepreneurs, the company announced in a blog post. An iamwire report claims that the size of the investment closed in at Rs 3 crore. The company, which was founded in January 2014 by Vaibhav Agarwal, Pooja Sareen and Utkarsh Agarwal, will use the funds to build its technology arm, and conduct more experiments with respect to content, events, products, etc aimed at the startup community in India. It plans to add 1,000 more contributors (from its current 500) and influencers including global investors and founders. Inc42 is also working on multiple products which it claims will make companies and startup founders to make informed decisions in building a business. It has also launched a new initiative targeted towards student entrepreneurs. The current funding round saw participation from entrepreneurs including: Amigobulls founder Chandu Sohoni; Freecharge founders, Kunal Shah and Sandeep Tandon; InMobi founders, Mohit Saxena & Amit Gupta, Provogue brand founder Salil Chaturvedi; and Atom Technologies founder Dewang Neralla, among others. It had previously raised angel funding led by Ritesh Malik of Guerrilla Ventures, Nikunj Jain of now Frankly.me, Dewang Neralla, CEO of Atom Technologies, and Prabhu Ram, Ex-EBS. Investments in digital media sector: - Bangalore-based news portal The News Minute raised an undisclosed angel funding from Quintillion Media, in December, last year. The News Minute focuses on curating news and content from…
