Times Bridge backs Wattpad to grow storytelling app in India
Wattpad, a Toronto-based multi-platform entertainment company for original stories, has secured undisclosed financing from Times Bridge, the investment arm of Indian media business The Times Group. The investment forms part of a strategic partnership intended to expand Wattpad's operations in India. Working with Times Bridge, Wattpad will grow its Indian community of readers and writers, establish new partnerships, and create opportunities to turn stories into books, TV shows, films and digital projects. Led by CEO Allen Lau, Wattpad has raised more than $150 million from a range of Canadian and global venture capital firms.
14 March 2019•4 mins read
