The Times of India Group Invests in flutrr
The Times of India Group, the country’s largest media conglomerate, has invested in dating app flutrr. As the platform closes its Pre-Series A funding round, it looks ahead to further growth over the next 12 months.
Kaushik Banerjee, Co-Founder and CEO of flutrr, shared that the platform is now set to cross 1 million active users across India by March 2024. This also includes an expected increase in its monthly revenue from INR 16 lakhs (USD $19,500) to 40 lakhs (USD $48,800).
The Times of India Group has significant media assets in TV, radio, digital, and events. It operates The Times of India, the country’s most-read English newspaper.
Anirban Banerjee, Co-Founder and CMO at flutrr, wrote on LinkedIn that “this feels more than just an investment. It’s proof that we’re on the right track to revolutionize India’s dating game forever.”
You can find out more about flutrr at its website here, or by listening to their recent podcast discussion with Global Dating Insights.