Vokal raises Rs 34.33 crore fund in series-A round of funding

Vokal, India's largest vernacular knowledge sharing platform, recently raised Rs 34.33 crore in a series-A round led by Shunwei Capital and 500 startups.

Accel India & Blume Ventures had already invested in Vokal, which is a peer-to-peer knowledge-sharing platform for India's non-English internet users.

In a statement here, Shunwei Capital Partner and CEO Tuck Lye Koh said, "India is a large market and the language internet users are underserved today. We are bullish on Vokal's ability to create an information and knowledge platform to cater to this segment of users.

We are happy to be partnering with them," he said.

Vokal Co-Founder and CEO Aprameya Radhakrishna said Shunwei Capital understands the power of vernacular platform which could be used to build a peer-to-peer content network that can cater to those language internet users who do not know English.

Accel Partners Partner Anand Daniel said the vernacular internet market is expected to balloon to 550 plus million users over the next couple of years.

Vokal Co-Founder Mayank Bidawatka said, "The Indian vernacular segment is poised to be almost twice the size of US.

Their internet experience is broken with basic translation widgets available as solutions for their information and knowledge needs.

We are creating a product grounds-up that they can use everyday. This is an Indian problem that needs an Indian solution."