Poovayya helps Lokal join Y Combinator with $0.15m (Aug ‘19)

Lokal provides local news, information and classifieds for India. Since launching the app 10 months ago, Lokal has grown to 260,000 daily active users and is growing at 27% month over month. “The existing apps only focus on national and state level news,” the founder said. Otherwise, in order to get local news, they need to read a physical newspaper.

Techcrunch

Poovayya & Co advised Behtar Technology Private Limited (Lokal) led by a team of partners Siddhartha George and Rohan Kumar, along with associate Sarena Beriwala.

Y Combinator was represented by its in-house legal team.

2019-08-20

Deal value: USD 150,000

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