The Ken — India’s one-story-a-day subscription service — raised a $1.5 million Series A round led by Omidyar Network.
That’s right — just one story a day (well, technically, weekdays). But that shows you exactly what can happen when you understand that user consumption has changed — people don’t need and don’t have time for a shitload of content every day. Just the right kind. This is an important validation of their business model. It’s also the kind of funding that is rare in this region for media startups.