Quintype Technologies Raises Rs 25 Crore In Series A

Focussed on digital media publishing, SaaS startup Quintype Technologies has brought Rs 25 crore up in Series A from IIFL AMC, part of IIFL Wealth Management. The organization plans to utilize the assets to additionally extend its operations and reach. Set up in 2014, the startup provides digital publishers with state-of-the-art content and subscription management systems, which were additionally accessible to the biggest media associations alone.

Throwing light on the raise , Chirdeep Shetty, CEO of Quintype stated, "Media organizations and substance makers over the world are moving towards an advanced first procedure and the current pandemic circumstance has just quickened that move. The group at Quintype has been focussed on making the absolute best items for distributers and this will assist us with offering better help and extend our contributions to distributers worldwide. We do all the hard work on the innovation end with the goal that distributers can concentrate on making the best substance for their crowd." 

The organization plans to utilize the assets to extend its functioning and reach. Driving distributers, for example, Bloomberg Quint, Prabhat Khabar, Bar and Bench, The Quint, Swarajya use Quintype to distribute and publish their substance. 

Digital publishing has seen a fundmental shift in the last few years with most audiences seeking on-demand content with the proliferation of mobiles. Following similr lines the company plans on bringing change by creating and expanding this digital ecosystem and the invesment by IIFL AMC , being a step towards that direction.

The organization looks into utilizing the funds to lengthen its functioning  and reach. Leading publishers such as Bloomberg Quint, Prabhat Khabar, Bar and Bench, The Quint, Swarajya use Quintype to publish and distribute all their content.  

Talking about the venture, Prashasta Seth, Senior Managing Partner of IIFL AMC stated, "Quintype, with its set-up of items, is set to quicken the development in advanced substance and distributing space. It empowers more substance makers to go advanced effectively and gives them the opportunity to disseminate, scale up and adapt their substance utilizing an instinctive item with several implicit highlights. We are glad to cooperate with an expertly oversaw Quintype group sponsored by family advertisers who together make the best blend of the two universes – innovation and media – as they leave on an excursion to cha