A HYPERLOCAL OTT BAGGED HUGE OFFER FROM SHARK TANK (SEASON 2)
A HYPERLOCAL OTT BAGGED HUGE OFFER FROM SHARK TANK (SEASON 2)
Hyperlocal OTT-STAGE
Hyperlocal OTT-STAGE
The Indore based hyperlocal OTT platform STAGE invoke themselves as 'cockroach' founders. The OTT start-ip has come on Shark Tank (Season 2).
The Indore based hyperlocal OTT platform STAGE invoke themselves as 'cockroach' founders. The OTT start-ip has come on Shark Tank (Season 2).
STAGE- JOURNEY
STAGE- JOURNEY
In 2018, while 87 million Facebook getting overwhelmed with data without any consent by a British consulting firm Cambridge Analytica. At this time the trio Vinay Singhal, Parveen Singhal, and Shashank Vaishnav lost their Es.300 crore content start-up WittyFeed.
In 2018, while 87 million Facebook getting overwhelmed with data without any consent by a British consulting firm Cambridge Analytica. At this time the trio Vinay Singhal, Parveen Singhal, and Shashank Vaishnav lost their Es.300 crore content start-up WittyFeed.
Shashank Vaishnav, the co-founder CTO of SYAGE said," Most of our traffic was dependent on Facebook with a majority chunk coming from the USA, more than 60 million users are from there. In November 2018, Mark Zuckerberg stuck in legal battles due to Cambridge anlytica and we got blocked. STAGE is our comeback."
Shashank Vaishnav, the co-founder CTO of SYAGE said," Most of our traffic was dependent on Facebook with a majority chunk coming from the USA, more than 60 million users are from there. In November 2018, Mark Zuckerberg stuck in legal battles due to Cambridge anlytica and we got blocked. STAGE is our comeback."
STAGE- Recovery
STAGE- Recovery
STAGE has now shifted to Baharat. the start-up shares with local artists in India. Apart from the regional language OTTs also seeking attention as the Start-Up claims for content in several dialects in Rajasthan and Haryana
STAGE has now shifted to Baharat. the start-up shares with local artists in India. Apart from the regional language OTTs also seeking attention as the Start-Up claims for content in several dialects in Rajasthan and Haryana
STAGE-USP
STAGE-USP
Singhal claimed, there are total 50 OTT platforms in regional based comtent. Dialects noy have their own scripts, cinema or literature, while Haryana has 11 different dialects, Bhojpuri along splen by 100 mllion people. STAGE decides to make a platform for local artists
Singhal claimed, there are total 50 OTT platforms in regional based comtent. Dialects noy have their own scripts, cinema or literature, while Haryana has 11 different dialects, Bhojpuri along splen by 100 mllion people. STAGE decides to make a platform for local artists
After getting more opportunities, STAGE has faced the challenges for funding winter, claims to be a cockroach for their tough survival in this adversity. Singhal said, " We are very frugal aand our company was born in the winter so we are confident of raising and mainraining capital. But capital infusion wiil see several improvement from April 2023 onwards due to a lot of dry powder avaiilability
After getting more opportunities, STAGE has faced the challenges for funding winter, claims to be a cockroach for their tough survival in this adversity. Singhal said, " We are very frugal aand our company was born in the winter so we are confident of raising and mainraining capital. But capital infusion wiil see several improvement from April 2023 onwards due to a lot of dry powder avaiilability
STAGE in Shark Tank
STAGE in Shark Tank
The thing of appearing in Shaek Tank India season 2 primarily dismissed by the founders due to the previosu season show funder in early stage startups. STAGE is now under the process on boosing their Series A funding.
The thing of appearing in Shaek Tank India season 2 primarily dismissed by the founders due to the previosu season show funder in early stage startups. STAGE is now under the process on boosing their Series A funding.
STAGE- Offers
STAGE- Offers
This is quite surprising as the show now progressed from early stage to late stage . STAGE was offered Rs. 1,5 crore for 0.6% equity with Rs. 1,5 Crore debt at 18% interest from Namita Thapar, Aman Gupta, and Peyush Bensal.
This is quite surprising as the show now progressed from early stage to late stage . STAGE was offered Rs. 1,5 crore for 0.6% equity with Rs. 1,5 Crore debt at 18% interest from Namita Thapar, Aman Gupta, and Peyush Bensal.
STAGE planning to raise Series B funding later this year. The investors contain Better capital, IPV, TCA, Venture catalysts, and Blume Ventures. Now STAGE's team has more than 5,000 artists in dialects of Mewari, Harauti, Sikhawati, Bangaru. The net valuation is Rs. 290 crore raised Rs. 40 crore in Series A funding
STAGE planning to raise Series B funding later this year. The investors contain Better capital, IPV, TCA, Venture catalysts, and Blume Ventures. Now STAGE's team has more than 5,000 artists in dialects of Mewari, Harauti, Sikhawati, Bangaru. The net valuation is Rs. 290 crore raised Rs. 40 crore in Series A funding