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Digital marketing co. WLDD raises funding from Adfactors PR, Vikas Khemani

Financial Express   WLDD  

Bengaluru-headquartered digital marketing startup Wubba Lubba Dub Dub (WLDD) has raised funding from Adfactors PR and Vikas Khemani, founder and chief investment officer of Carnelian Asset Management & Advisors. Following the investment, Nijay N Nair, chief executive officer of Adfactors PR, will join the board of WLDD.Founded in 2018 by Arihant Jain, Jaidev Kesti, and Vivekanand Kilari, WLDD operates various content platforms, including Solo, Meme’d, Crunchy Studios, and Imagined Studio. The company, which employs over 350 people, also owns the digital content platform ScoopWhoop.WLDD plans to use the fresh capital to expand its technology platform, creator network, and owned-media properties. The company also intends to scale its brand-building capabilities and strengthen its technology-enabled campaign execution.

In Apr 2023, WLDD had attracted about USD 1 M from Negen Capital, Z Nation Lab, and others.For FY25, WLDD had reported about INR 84 Cr in Operating Income and about INR 13 Cr in PAT.