wordpress blog stats
Connect with us

Hi, what are you looking for?

AntFarm raises Series A funding from Bay Capital & Hausela Capital Partners

Former Times Internet CEO Rishi Khiani's innovation sandbox AntFarm* has raised an undisclosed amount in Series A funding from Bay Capital and Hausela Capital Partners. It plans to use this investment to build new early stage ventures in the fitness, hyperlocal and mobile segments, grow upcoming businesses in the travel segment and strengthen its existing portfolio companies. The company had previously raised an undisclosed amount of angel investment from BCCL (Times of India Group) CEO Ravi Dhariwal and former Tech Mahindra CEO Sanjay Kalra. Launched in November 2012, AntFarm currently operates businesses like fashion label Stylista.com, travel portal Arrive.com and native advertising business Fork Media. In June this year, AntFarm had stated plans of entering fitness and classifieds segments and had hired former Burrp COO Sandeep Das to its senior management team. At Ant Farm, Das was responsible to manage various categories such as lifestyle, Classifieds and SME/SMB solutions. Das was also appointed as COO of AntFarm's upcoming health and fitness platform called Revofit. Clickzoot acquisition: AntFarm mentions that it also recently acquired Mumbai-based performance ad network ClickZoot for an undisclosed amount. With this acquisition, Fork Media now claims to have a reach of over 80 million users. Founded in 2012, ClickZoot primarily focuses on customer acquisition and pay-for-performance ad campaigns. The company mentions that it supports ad campaigns across various online channels like email, social media, display, search engine marketing and others. Stylista Tie-ups: Earlier in January this year, AntFarm's fashion label Stylista had also signed a four month deal with Jabong to sell their designer wears exclusively for four months on their platform. Following this, it had inked…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

News

By Soujanya Sridharan and Dr. Sarayu Natarajan Platform work and data: the intersection Every time you use a ride-hailing app, the matching algorithm processes...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ