Podcast platform Hubhopper raised undisclosed amount from Hindustan Media Ventures
Podcast hosting, creation and distribution company Hubhopper has raised an undisclosed amount from Hindustan Media Ventures. With this investment, Hindustan Media Ventures buys minority stake as part of strategic investment in the podcast platform. The fresh funds to be used to continue growing the podcast ecosystem in India by democratising and empowering Indian creators with tools and technologies to create, host, launch, distribute, analyse and monetise their podcasts and audio content.
Speaking about the new development, Gautam said, “Audio is an incredibly special medium. It’s more language, literacy and capital agnostic than its contemporaries and has a special place in the hearts and lives Indian people. Hubhopper’s endeavor along with Hindustan Media is to continue to champion this community and democratise podcasting for all. We have only scratched the tip of this iceberg.”