Singer Sonu Nigam has recently invested 6 crores in Buffering Media. Rahul Pandit, former CEO of Lemon Tree Hotels also invested in this company and said that the world of politics has not been seen till date with the help of data and technology.
Sonu Nigam invested 6 crores.
After making the hotel chain Lemon Tree successful, its former CEO Rahul Pandit is eyeing the elections in the country. Rahul Pandit has invested heavily in buffering media. Recently, many companies including Sonu Nigam’s venture have invested in this company. According to the information, Singer Sonu Nigam and Arvog Finance have invested 6 crores in the company. This is the second major investment in buffering media in the last two weeks. Rahul Pandit has been instrumental in taking Lemon Tree Hotels to the height of success.
Buffering Media is a startup that handles the work of 56 veteran politicians of the country. This company provides services related to digital, data, technology and AI to these eminent politicians. The current valuation of the company is said to be close to 400 crores. The company expects that by the year 2023, the company’s valuation will reach 1200 crores. Most of the money is expected to come from campaigning for the coming elections. Buffering Media has set a target of raising a fund of 150 crores in the next 6 months, because the coming year is going to be very important in view of the elections in many states in the country.
Elections to be held in many states in the coming year
Company’s co-founder Darshini Khatri says, “The country is going to see big elections in the coming months. The team at Buffering Media is ready for growth in a coordinated manner so that every aspect of elections in the country can be seen. For the first time, buffering media is bringing such a confluence of politics and technology in front of the people, so that the gap between the citizens of the country and the leaders running the country will be reduced. The right and true thing will come in front of the countrymen. The world of politics has not been seen till date with the help of data and technology. The future of the country can be bright with the foresight of Buffering Media. The entry of technology and artificial intelligence in politics is the need of the hour.
Joining of Rahul will help the company – Founder of the company
Amit B Wadhwani, Founder, Buffering Media says, “Rahul’s faith in our business and team is a big deal. We are glad that Rahul has become part of the initial funding in our company. His experience has ensured the growth of our company.”
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