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February 5, 2014 02:28 am GMT
FarFaria, which has built a children's subscription book service for the iPad, is announcing that it has raised $3.25 million in Series A Funding.The round was led by Inventus Capital Partners, with Inventus' Manu Rekhi joining the board of directors. The firm, which recently raised a $106 million second fund, touts its ability to connect Silicon Valley entrepreneurs with "Indias natural advantages", but in this case FarFaria CEO Ajay Godwhani told me that he plans to stay focused on the US market for now. (In the FarFaria funding release, Rekhi also said digital subscription services are a "key theme" for the firm.)
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QfMzk488Noc/
FarFaria Raises $3.25M To Bring Childrens Books To The iPad (And Eventually Other Devices)
FarFaria, which has built a children's subscription book service for the iPad, is announcing that it has raised $3.25 million in Series A Funding.The round was led by Inventus Capital Partners, with Inventus' Manu Rekhi joining the board of directors. The firm, which recently raised a $106 million second fund, touts its ability to connect Silicon Valley entrepreneurs with "Indias natural advantages", but in this case FarFaria CEO Ajay Godwhani told me that he plans to stay focused on the US market for now. (In the FarFaria funding release, Rekhi also said digital subscription services are a "key theme" for the firm.)Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QfMzk488Noc/
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