News Indian Deals MyDala Raises Rs 9 Crore From Info Edge

MyDala Raises Rs 9 Crore From Info Edge

Thursday, 21 April 2011 08:19

The New-Delhi based Kinobeo Software Pvt Ltd, which runs group buying site MyDala.com, has raised  Rs 9 crore from Info Edge India Ltd, which runs the recruitment portal Naukri.com.

The funds will be used to grow the base, as well as to increase the focus on customer service, said MyDala CEO and founder Anisha Singh, speaking to Techcircle.in. According to her, the repeat user ratio is currently at 30 per cent, up from 23 per cent in December.

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Source: http://www.vccircle.com/500/news/mydala-raises-rs-9-crore-from-info-edge

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