India, March 7 -- Audio OTT platform Vobble, which raised $1 Mn as a part of its seed funding round in March last year, has secured another $1 Mn (INR 8.7 Cr), closing the round.

The investment was led by MIXI Investments, along with participation from existing backers, including Lumikai, Namita Thapar and Sattva Investments among others.

On the capital deployment, Vobble cofounder Neha Sharma told Inc42 that the company will use the fresh proceeds to launch a new AI-assisted audio product for kids in the US.

She also added that almost 30% of the total funding will be dedicated to building technology and AI-related features.

The audio pocket player is designed for kids aged 6-12, aiming to offer interactive storytelling, audio games, ...