NEW DELHI, Aug 29: Self-publishing start-up firm, Chennai-based Notion Press today said it has risen one million dollars in pre-series a funding from High-Net-Worth Individuals (HNIs). The deal will help Notion Press consolidate its market leadership, strengthen its management team and expand its services in the market, the company said in a statement. Commenting on the funding, Naveen Valsakumar, Co-Founder and CEO, Notion Press, said, “We are growing aggressively and looking to go international this year. We will intensify our coverage across India and fuel our operations internationally as well with these funds. We have always envisioned Notion Press as a global publishing brand and have built everything to scale for the global market.” The company has also planned to launch its US operations in the current year. “We are launching our US operations in the middle of September and would be launching in three other countries by end of this financial year. With support from our investor group, we will be able to execute our vision more rapidly and broadly,” Mr Valsakumar said. The start-up firm provides platform for Indian writers to publish and sell books across the world in both print and eBook form. The company was founded in 2012 by two engineers, Naveen Valsakumar and Bhargava Adepalley, and Jana Pillay, who has a background in publishing. The technology start-up aims to solve the challenges associated with book publishing and distribution by creating highly scalable solutions that work across the globe, the company added. (UNI)
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