Rigi secures Google investment as it expands into microdramas
Google International has invested approximately ₹10 crore in Rigi through preference shares, Entrackr reports.
Rigi has received a preference-share investment from Google International, according to Entrackr. The Indian company operates Rigi TV, a Hindi microdrama app, alongside its roots in creator monetisation tools.
The investment
Entrackr reports the investment at approximately ₹10 crore and Google’s stake at 1.43%, with a post-money valuation of roughly ₹670 crore. The financing stage and use of proceeds were not disclosed.
Short stories for mobile viewers
Rigi TV offers short vertical episodes across romance, suspense and drama. The Android app is free to watch and includes advertising and in-app purchases.