Aurality Technologies Pvt Ltd, a Mumbai, India-based start up developer of a mobile app that converts text into audio, has raised $300k in seed funding.
Reports said that backers included Rajan Anandan, Vikas Taneja, Sunil Kalra, and Blume Ventures, among others.
The company intends to use the capital to hire new people and develop its app, which is currently available in Beta in the US and India for iPhone users.
Aurality Technologies is working to come out of the beta mode and launch it for Android.
Co-founded in April 2011 by Bhavin Badheka and CEO Janhavi Parikh, Aurality aims to make it easier for people to listen to blogs, news, articles or websites. It convert online content to audio and stream it to users’ phone in real time, so they can listen instead of reading.