Magzter looks to raise $30 million in Series C Funding.

Buoyed by increasing number of paid subscribers, digital magazine newsstand Magzter is looking to raise $30 million in series C funding to expand operations.

Launched in 2011 by Vijay Radhakrishnan and Girish Ramdas with an initial investment of $0.5 million, the company raised $3 million from Kalaari Capital in 2012. In 2014, it raised $10 million in series B round of funding led by Singapore Press

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