Mycity4kids raises $3 million from SIDBI VC Mycity4kids, an online platform for parents to seek out kids activities in their cities, has raised $3 million from SIDBI Venture Capital and YourNest Angel Fund. The company says that this funding will last it’s capital requirement for 2 years. It aims at breaking even in 12 months, and making 5 million users use the platform every every day in the next 18 months. The company made 50% of its Rs 4 crore revenue in 2014-15 through small businesses who advertised their services in the city, 45% from brand sponsored blog content and the rest from ticketing of kids events. It claims to have a million parents visiting the site every month, 2.5 million pageviews, 700 bloggers and 75,000 service providers listed across 9 cities. The company recently launched a mycity4kids Family Organiser app, and plans to launch mobile led initiatives for parents. *** Sensara raises $750,000 Sensara, a company which links the user’s TV with a remote app Sensy, has raised pre Series A funding worth $750,000 from Ganayantrika Systems and Lalitesh Katragadda, according to NextBigWhat. The Android app, which needs infrared support on phones, lets users search by actor for movies, show’s name, genre or channel name, ad break status and favourite show reminders. It claims to search through 450 channels and 9,800 shows in 14 languages. For phones without infrared, the app provides a TV guide and channel information. *** Tracxn raises funding from Ratan Tata Tracxn, a research platform for…
- Delhi High Court puts a stop to fraudulent Burger King websites September 21, 2023
- WhatsApp bets on e-commerce in India with new business features September 21, 2023
- Event Announcement: International trends in Network usage fees, 4th October #Ad September 21, 2023
- Delhi HC Passes Order Disallowing Non-Permitted Use Of Anil Kapoor’s Name, Voice, Dialogue Through AI September 21, 2023
- IT Ministry appoints special officer on duty to set up the Data Protection Board of India September 21, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
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...
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...