IWMBuzz Media finds its investor in Dr. Annurag Batra
IWMBuzz Media Network, one of India’s fastest-growing media start-ups, has raised an undisclosed amount of funds in its first round from media entrepreneur and veteran Dr. Annurag Batra, promoter of successful media companies, BW Businessworld group, and exchange4media group (e4m) and someone who has angel invested in many media tech companies and backed many other upcoming and pioneering ventures in various domains.
IWMBuzz, five years since its inception, focuses on internet publishing (entertainment news and updates), event IPs, branded/native content, and influencer marketing. IWM Buzz s content reaches out to millions of new-age consumers panned across India and global markets.
Says Dr. Batra on the investment, “I have known the founders Siddhartha Laik and Franklin Tuscano since the time of inception and I have witnessed their growth. Our media businesses will find synergy with IWMBuzz as IWM Buzz is a digital-first digital entertainment economy platform and together we can create more value for our readers, viewers, customers, and the community at large. I strongly believe that their exuberance and their entrepreneurship and my experience will help propel IWM Buzz s growth manifold in times to come.”
“I must say I will learn more about new emerging areas in media technology from Siddhartha and Franklin and as I believe in the process of reverse mentoring.”
Adds Siddhartha Laik, Founder and Editor Chief at IWMBuzz Media, “We, all at IWMBuzz Media, are immensely thankful to Dr. Batra for showing faith and believing in our journey and growth story. With him as one of our partners, we are hopeful of scaling new heights. As a company, we have always focussed on profitability and we would continue to do so. The funds raised will be used in product, content, and business vertical expansion, and also to bring more industry leaders to the ship.”
IWMBuzz Media is co-founded by Franklin Tuscano (CTO and Founder), and Srividya Rajesh (Associate Editor and co-founder). The entity has grown year on year with current team strength of over 70 people with branches in Mumbai and Chennai.
IWMBuzz media owns and executes IPs like Digital Awards, India Web Fest, TV Summit, and India Kids Summit among others. IWM Buzz is building more digital assets for its readers, viewers, and partners as it continues to grow through Uber growth and emerge as a major player.
IWM Buzz is also in Hindi and over the next few years plans to be in all major Indian Languages.
IWM Buzz’s YouTube channel crossed one million unique subscribers last week and continues to grow.