Commenting on Toonsutra, Fukunaga said, “The webtoon market is experiencing explosive growth globally, reminiscent of the anime boom we saw with Funimation. Toonsutra’s innovative approach to bringing world-class content to Indian audiences, combined with their deep understanding of local preferences, positions them perfectly to capitalise on this trend. I’m excited to bring my experience in building global fan communities to help Toonsutra become the definitive platform for digital comics and pop culture in India.”
The webtoon comic app is backed by a leading group of investors, including the Sony Innovation Fund, Maiora Capital, Kun Gao (Co-Founder, Crunchyroll), Jeremy Liew (partner, Lightspeed), Kevin Lin (Co-Founder, Twitch), Patrick Lee (Co-Founder, Rotten Tomatoes), Holly Lui (Co-Founder, Kabam), Benjamin Grubbs (Co-Founder, CreatorPlus), and Steve Chung (former CEO of Americas, CJENM).
Toonsutra, founded by Sharad Devarajan and Vishal Anand, is the top comic app in India, with over a million downloads across Apple and Android stores. It has partnered with major global publishers to bring over 550 titles and 250,000 episodes of webtoon comic content in local Indian languages.
Vishal Anand, Toonsutra’s CEO, said, “Gen Fukunaga’s decision to join Toonsutra as an investor and advisor is a testament to the immense potential of the Indian digital content market. His unparalleled experience in scaling anime and manga platforms will be invaluable as we continue to expand our offerings and enhance our user experience. With Gen’s guidance, we’re not just aiming to be India’s top webtoon app—we’re building a comprehensive ecosystem for digital storytelling that will reshape how Indian youth consume and interact with content.”“Gen’s amazing experience in helping build one of the world’s most successful fandom platforms is invaluable to us as we pioneer the webtoon revolution for India. Toonsutra’s mission is to bring together a community of passionate fandom and pop culture, catering to the largest youth market in the world—India’s 700 million+ mobile youth market,” added Sharad Devarajan, Co-Founder & Executive Chairman of Toonsutra.The global webtoon market is expected to reach $60 billion by 2030, indicating its significant growth potential in the media and content industry.
