India, April 3 -- Bengaluru-based self-publishing platform Pratilipi has bagged $20 Mn (around INR 171 Cr) in its Series E round, which was a mix of primary and secondary deals, led by Singapore-based Jungle Ventures.

The round also saw participation from fintech startup Khatabook's cofounder Ravish Naresh, edtech platform Leap's cofounder Arnav Kumar, and several other angel investors.

In a statement, the startup said that it raised $12 Mn via equity infusion at a valuation of $100 Mn, while $8 Mn was secondary funding.

Pratilipi plans to utilise the fresh proceeds to develop new storytelling formats such as animation and vertical drama shows. A chunk of the funds will also be deployed to bolster its presence in the US.

"Majority of ...