Firework raises $55 million with India as its growth engine

Mumbai: US-based web stories platform Firework on Wednesday said it has raised $55 million in series A funding, backed by investors GSR Ventures, IDG, Lightspeed and supported by Sumitomo Corporation, Asahi.

With more than 450 million monthly views and pacing to exceed one billion in three months, Firework said it has embraced an ‘India-first policy’ that makes the ‘mobile-born’ country a hub for rolling out strategies and innovations.

Headquartered in Redwood City, California with operations across right countries, Firework partners in India include Jio KaiOS, Airtel Vi, Samsung, MI, OneIndia.in, Google Discover and more.