Indian Social Networking Site Minglebox Raises $7 Million From Sequoia Capital
By Staci D. Kramer - Wed 02 May 2007 01:59 PM PST
Our contentSutra editor Nikhil Pahwa is traveling in the U.S. this week but still managed to break the news that Indian social networking site Minglebox has received $7 million in funding from Sequoia Capital India
Minglebox CEO Kavita Iyer told Nikhil the company is trying to emulate the college intranet first, then workspaces. The focus is on community for now; revenue streams eventually will include advertising and branded communities. More details at contentSutra.
Posted in: Countries, Asia, India, Social Media, Community, VC+M&A
