Under the partnership with Times Bridge, Wattpad will be growing its local community of readers and writers.
Wattpad, the global multi-platform entertainment company for original stories, has partnered with Times Bridge, the global investments and partnerships arm of The Times Group, to grow its presence in India and reach new users.
Under the partnership with Times Bridge, Wattpad will be growing its local community of readers and writers. The company will also establish new strategic partnerships and create opportunities for Wattpad Studios to work with local partners to turn Wattpad stories into books, TV shows, films, and digital projects.
Allen Lau, CEO and Co-Founder, Wattpad, said, "We're thrilled to work with Times Bridge expand our footprint in the region and create more opportunities for India’s rich literary community to tell their stories, reaching new audiences in India and around the world."
Rishi Jaitly, CEO of Times Bridge, stated, "Times Bridge's mission is to bring the world’s best ideas to India and share India’s best insights with the world. Wattpad is a bold, proven idea that has changed how audiences around the world create and experience stories. Our investment will advance Wattpad’s mission, and original storytelling, across the Indian subcontinent, unlocking the creativity of many millions along the way. We are delighted to be working with a partner who sees growing creativity, diversity and value across the Indian market."
Devashish Sharma, Wattpad's country manager for India, added, "Millions of Indian readers and writers have already found a home Wattpad. Times Bridge and The Times Group have an unmatched media and entertainment portfolio, and connections with some of India’s most respected authors and cultural figures. We’re excited to work together to create new opportunities for Indian storytellers."