Travel entertainment startup launched by former Zomato executives and operates under the PressPlay brand, has raised $2.2 million (over 13 crore) in seed funding from Sequoia Capital and a few angel investors.It had started off by renting-out tablets with pre-loaded content for Rs 100 to bus passengers. It pivoted to launch Wi-Fi services on buses wherein the users can access entertainment content on their own Wi-Fi connected devices.
It is currently working on increasing user engagement on the PressPlay app both in and out of the PressPlay Wi-Fi network.
PressPlay claims to have 50,000 users a month and is aiming to double it in two months. It plans to explore other verticals for expansion and launch another product—that it has been working on—in six months.
Heartily Congratulations to the Whole team of Pressplay on raising the funds.
Source – Techcircle