Campus Diaries, students specific content network, has raised $220,000 (INR 5 Cr) in its second round of angel funding. The investment round was led by TV Mohandas Pai’s Aarin Capital and it also saw participation from Ravi Mantha (Sagelock Investments), 3one4 Capital Partners etc. The raised funding will be used to enhance the technology behind the portal along with marketing it as a complete collaborative portal helping the students from getting admissions till securing jobs.
Founded in 2012 by Sumit Saurav, Sonic Prabhudesai and Raj Chourasia, Campus Diaries had raised its first round of angel investment in 2013.
Off late, since the time funding crunch started, startups working in news and content segment have received a lot of traction. Last few months have seen a lot of deals including The Viral Fever, YouthKiAwaaz and NewsLaundry raising various rounds of funding from investors. The whole trend around the content startups have raised hopes for more content startups to come up to the scene and mark a presence in the over populated startup scenario.