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Delhi-based B2C vernacular podcast aggregator platform – Funcastic has raised seed funding from a startup accelerator launched by HT Media Ltd and US-based investment firm North Base Media. The startup’s founding team includes – Vivekraj Shah, a wall street banker and Surpreet Singh, a serial entrepreneur are both management graduates from Universal Business School, Cardiff Metropolitan University.

Before joining Universal Business School, Shah co-founded digital social media agency Webitude while Singh co-founded gaming events platform Gamers Association and Imaginations.

According to Surpreet Singh, Co-Founder, Funcastic, “I already owned a company and been an Entrepreneur before joining Universal Business School but it was only at Universal Business School I got practical Learning. My professors Mr. Gurudip Anand & Mr. Tarun Anand have been the influential figure. I have been speaking with them personally and have spent quality time with them and have gained vast knowledge form them.”

According to Tarun Anand, Co-Founder and Executive Director at Universal Business School, “Vivekraj & Surpreet were determined from Day 1 that they don’t want the run of the mill job and want to pursue their dream to become successful entrepreneurs. They commenced their business plan in college and then ensured they bounced it against the experienced faculty members for inputs. They were extremely focused and hence I am so happy that they have clinched venture funding for their ideas.”

Universal Business School (UBS) has taken a leap forward, by creating India’s first Green Business School ensuring eco-smart integrated thinking and a sustainable campus. It has created Asia’s first on campus trading room that has 30 cross-asset trading terminals worth 2 crores. The campus serves 58 luxurious four-bedroom campus-homes each 1,100 sq ft. It offers a three-year QAA certified BBA and AICTE approved 15-month and 24 month MBA programs with an option of obtaining both degrees from Cardiff Metropolitan University, UK.

Funcastic claims to be India’s first branded mobile podcast aggregator and allows users to listen to the content of their choice via the app.

It offers users multiple options to choose in the app, from news analysis to health and lifestyle, entertainment and spiritual content among others. It also has an offline model where users can download the podcast and listen to it later. Podcasts can also be streamed over a 2G network. The app has recorded about 7,000 downloads on the Google Play store.

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Suman Chaudhary
An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

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