Knocksense, a hyperlocal content driven commerce platform, announced that it has secured an investment from Nitish Mittersain, Founder & Managing Director of Nazara Technologies.
Knocksense is currently present in 4 cities in India namely Lucknow, Kanpur, Indore, and Ahmedabad.
Speaking about the investment, Nitish Mittersain said, "I am excited to be investing in Knocksense, a platform that offers an irresistible mix of hyperlocal content, events, and commerce for both young users and local brands of tier II/III India. With traditional media networks loosing ground among the youngsters by the day, the need for a hyperlocal content-commerce platform exists, and Knocksense is perfectly poised to capitalize on that."
"Having Nitish Mittersain onboard as an investor is a great validation of our mission to provide meaningful hyperlocal content that connects and empowers young users and brands of tier II/III India and creates a community which thrives together digitally " said Vibhore Mayank, Co-Founder of Knocksense. "We believe that our content-tech platform is perfectly positioned to serve the young users and local brands of tier II/III India, and we are excited to expand to new geographies and connect with more communities across the country," Vibhore added.
Nitish’s experience in building and scaling a successful tech company like Nazara Technologies will be invaluable to us as we continue to expand our platform and reach, added Varul Mayank Co- Founder of Knocksense.
Knocksense is currently raising $1M as part of their Pre-Series A round, with notable participation from We Founders Circle, Lets Venture, Mumbai Angels Network, and Imperial Holdings.
After successfully acquiring over 25,000+ paid subscribers and 80L + monthly impressions Knocksense plans to expand to newer geographies, such as Ahmedabad, Chandigarh, Bhubaneshwar, Agra, and Bhopal.