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Funding Digest: BrizzTV Media Lab, TwoMangoes

BrizzTV Media Lab, a digital media technology company that offers interactive applications on DTH (Direct to home) platforms, has raised an undisclosed amount in a series-A funding from Ojas Venture Partners, reports TechCircle. The company had earlier received a debt grant of Rs 25 lakh from NSRCEL (Nadathur S. Raghavan Center for Entrepreneurial Learning) – an incubation centre set up by IIM Bangalore and the Department of Information Technology in 2002. The company intends to use the funds to develop and launch new products and hire more people.

BrizzTV’s solutions allows users to share personal content such as photographs, documents, and videos; check email and social networking messages over DTH (Direct To Home) enabled televisions. The company claims to have partnered with several semiconductor companies and DTH providers including Airtel Digital TV.

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Online dating site TwoMangoes has raised an undisclosed amount in angel funding from Andy Jasuja, Co-Founder and CEO of Sigma Systems, reports TechCircle. The startup intends to use the funds raised, to expand its user base and develop mobile and Internet apps.

Launched in 2010, TwoMangoes is an online dating site targeted at the South Asian audience and has presence in USA, Canada, the UK, Australia and the UAE. It launched its Indian operations last week on Valentine’s day (14th Feb, 2012) and claims to have recorded a few thousand users already.

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While the initial signup and first few messages are free, users can opt for paid packages offered by TwoMangoes in order to continue sending unlimited number of messages and virtual gifts.

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