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Cordcutting device Teewe raises Rs 11 Crore

Mango Man Consumer Electronics owned Teewe, an HD streaming plugin device, has raised Rs 11 crores from Sequoia Capital and India Quotient, reports ET Tech. Previously, the company had raised Rs 1.5 crores from Hike founder & CEO Kavin Bharti Mittal, SoftBank's Pavan Ongole, former Alcatel-Lucent India chairman Arun Seth and Palaash Ventures. Music playing device, educational content in pipeline Although the content is free to stream from Teewe currently, the company plans to rope in content from production houses and a TV channel. It also plans to add educational content aggregators to the Teewe and launch a new device for music players which will allow multiple users to connect in parallel as well as add to playlists. How Teewe works Teewe needs to be plugged into your TV through the HDMI port and once you install the app on your smartphone, you should be able to access content from your desktop, laptop or mobile phone through WiFi. Teewe also streams from online video and music sources like YouTube. If you get a call in the middle of streaming or playing a video, the video on TV pauses automatically and resumes after hanging up. The app also lets you surf photos from Facebook. The company claims that the app picks up data from the device to adjust resolution and audio levels before it starts streaming the content. The product is priced at Rs 1,999 and runs on a 1.5+ Ghz Dual Core ARM Cortex A9 Processor and 1GB DDR 3…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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

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