India: TikTok alternative Bolo Indya in talks to raise up to $7m

Homegrown short form video app Bolo Indya plans to raise around $6 million-$7 million ( ₹45-51 crore) as it looks to ramp up the platform’s personalisation and recommendation engine and predictive analytics capabilities. It also considering expanding its team by 100%, with special focus on technology and e-commerce, and setting up a training platform for creating, a senior executive at the startup told Mint.