Bengaluru, India-based SaaS startup, Quintype has obtained US$ 3.4M in a Series A funding round held in November 2020, led by IIFL AMC.
The fresh funds will be leveraged by Quintype for expansion into Southeast Asia, starting with Singapore. The expansion in Singapore will help digital media publishers over there shift from outdated content management systems to their digital equals to successfully become a part of the thriving online economy within the region. The startup is also planning to enter Europe, the Middle East and Africa.
Founded in 2016 by Raghav Bahl, Quintype provides fully-integrated software systems to empower media professionals, such as writers and editors, to publish their content online without being proficient in technical skills such as programming. These software systems are powerful, easy-to-use and reliable. Its suite of solutions offers 4 products namely: Bold, a content management software that helps users create, curate, distribute content effortlessly; Ahead, provides content presentation software for an enthralling online presence; Metype, for absolute audience engagement; and Accesstype, for robust content monetization.
Along with the fundraising, Quintype also declared the launch of Page Builder, a layout arrangement management solution that helps media professionals manage website branding, designs and styles effortlessly through its no-code development platforms. The startup claims its platform has been used by over 200 publishers globally and attains a monthly viewership of over 1 billion readers.
Previously, the startup raised US$ 3.25M in a seed funding round in 2015 from its founder Raghav Bahl.
About IIFL AMC
IIFL AMC is a subsidiary of Indian wealth management firm IIFL Wealth Management. IIFL is a renowned financial services group in India offering a range of services that includes financing, asset and wealth management, equity, commodity and currency broking, financial product distribution, investment banking, institutional equities, realty and property advisory services. Its vision is to become the most esteemed company in the financial services sector.
Prashasta Seth, Senior Managing Partner at IIFL AMC said that Quintype, with its range of products, is ready to fast-track the development in digital content and publishing space. She further added that its platform is enabling more content creators to go digital easily and gives them the freedom to distribute, scale-up and monetize their content using an innovative product with hundreds of inbuilt features.
We try our best to fact check and bring the best, well-researched and non-plagiarized content to you. Please let us know
-if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!
Next Story
[…] Next Story […]