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Mobile Social Apps Provider U2opia Mobile Raises Funding

U2opia Mobile, a mobile focused social applications provider, has raised funding from Matrix Partners India. The exact financial terms of the funding have not been disclosed. The company intends to utilize the funding in growing its talent pool and expanding globally. According to a statement from the company, it also operates in South East Asia, Africa and the Middle East, in addition to the Indian market. Earlier this year, the company had launched Facebook access via USSD  on its Fonetwish platform with Airtel, allowing subscribers to access and use the social networking application without involving native or web apps, mobile data or SMS.  It had also extended the offering on Tata Docomo, adding Twitter to the service. The company claims that more than 300 million users access the application, globally. U2opia Mobile also offers an online service called Fonedoo, which serves as a common platform to search and set caller ring back tunes. It used to support Airtel, Tata Indicom, Tata DOCOMO and Vodafone, and had claimed to have a database of 600,000 CRBTs, when we first wrote about it. However, at the time of writing this post it no longer features Airtel and Vodafone. U2opia Mobile also offers Fonebuy, a micropayments platform for virtual goods.  

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