RIDI

RIDI Corporation is a South Korean content startup that has earned a unicorn status with a valuation of $1.3 billion. Founded in 2008, RIDI has positioned itself as the world’s leading storytelling company, specializing in webnovels and digital comics. The company operates two major content platforms: RIDI for the Korean market and Manta for English and Spanish audiences. The last investment of KRW120.00B came through a private equity round in February 2022, with participation from GIC, Korea Development Bank, Atinum Partners, and Nvestor (Korea). Manta, which debuted in November 2020, has rapidly gained traction in the global comics industry, achieving the No.1 comics app status on Google Play in the U.S., Mexico, and Spain. Its consumer-friendly subscription model has contributed to its success, offering unlimited access to a wide variety of genres. With a strong emphasis on storytelling, RIDI Corporation is well positioned for further global expansion and innovation in the digital media and e-commerce industries. More information about Manta can be found here.