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Funding Digest: Zoutons, Klip.in, Langhar

Delhi based coupon aggregation platform Zoutons has raised Rs 20 lakh in seed funding from 3.14 Digital about a month ago, reports iamwire. The funds raised will be used to enhance the technology. It should be noted that 3.14 Digital also incubated the company. Launched two months ago, Zoutons helps users to locate deals & coupons and provides coupons and deals from around 1000 companies like Jabong, Myntra, Snapdeal, among others. According to the report, it has tied up with around 6-7 ad networks and charges a 10-15% share on every transaction made through its platform. **** Smursh Ecommerce which runs Klip.in, a social discovery and curation tool for e-commerce, has raised an undisclosed amount of funding from members of Mumbai Angels and other angel investors. While the amount raised by the company was not disclosed, the investment is pegged between Rs 25 to 50 lakh. Investors include Anirudh Damani, Arihant Patni, Aseem Chauhan, Chintaka Rantatunga, Jeffrey Keng Yew Lai, Manoj Gupta, Ravi Kiran, Sanjay Mehta and Shravan Shroff. The funds will be used for product improvement (it recently revamped its UI) and to build its tech and marketing resources. Maneesh Madambath, co-founder at Klip informs us that the funds raised is part of the earlier funding round in July 2013, where it had raised an undisclosed amount of funding from VentureNursery. Note that Klip is also a  season 2 graduate from VentureNursery’s acceleration program that concluded in April 2013. The company had also changed its monetization strategy. It does not sell any products from its website  and the tie…

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