<article>Ad-tech startups Chikoop and Machadalo have raised seed funding from different investors. Mogae Media&#8217;s chairman Sandeep Goyal has raised a Rs 100 crore ($14.9 million) to acquire digital startups.</article>

Ad-tech startups Chikoop and Machadalo have raised seed funding from different investors. Mogae Media&#8217;s chairman Sandeep Goyal has raised a Rs 100 crore ($14.9 million) to acquire digital startups.
<h3 style="text-align: justify;">Mogae Media raises $15m fund to acquire digital startups</h3>
Mobile and marketing service provider <a style="color: #000080;" href="http://www.mogaemedia.com/" target="_blank">Mogae Media</a> has raised Rs 100 crore ($14.9 million) fund to acquire digital startups.
Sandeep Goyal, chairman of Mogae Media, will be making late-stage investments in the digital media and mobile innovation verticals through the fund.
“Analytics, mobile ad serving platforms, programmatic buying on the mobile, mobile fulfillment and mobile targeting are areas that Mogae Media is keenly focussed on. Any acquisition or investment in this space intrigues the interest of the company immediately,” said Sandeep Goyal.
Mogae Media was started in 2012 by husband-wife duo of Sandeep and Tanya Goyal. The company has tied-up with brands like Kellogg’s India, Urban Clap, Star TV, and Tata Motors.
<h3 style="text-align: justify;">Kolkata-based Chikoop raises seed funding</h3>
Kolkata-based ad-tech startup <a style="color: #000080;" href="https://www.chikoop.com/" target="_blank">Chikoop</a> which is run by Positron Internet Pvt Ltd, has raised an undisclosed amount of seed funding from couple of Indore-based industrialists.
The startup will use the funding for team expansion and product enhancement, according to an <a style="color: #000080;" href="http://www.vccircle.com/news/technology/2016/05/31/exclusive-ad-tech-startup-chikoop-raises-seed-funding" target="_blank">article</a> in VCCircle.
The Chikoop app offers unlimited calling service. The registered Android users can use the app to call someone without using internet.
<h3 style="text-align: justify;">Mumbai-based Machadalo raises $175k seed funding</h3>
<a style="color: #000080;" href="http://machadalo.com/" target="_blank">Machadalo</a>, a Mumbai-based hyperlocal ad-tech startup, has raised $175,000 in seed funding from IIT alumni, serial entrepreneurs, angels, and some fund managers.
The funding will be utilised for enhancing its technology and operations.
Run by Vijaikirti Technologies Pvt Ltd, Machadalo identifies its clients&#8217; multiple products and services, and the related target audience.
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Also Read:
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/28624-28624/">Singapore ad-tech startup Eyeota secures $7m Series A led by Global Brain</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/new-story-30164/">Grapeshot secures $8.5m investment from Draper Espirt, IQ Capital Partners</a>

Ad-tech startups Chikoop and Machadalo have raised seed funding. Mogae Media's chairman Sandeep Goyal has raised a Rs 100 crore to acquire digital startups.

India Dealbook: Mogae Media to buy digital startups; Chikoop, Machadalo get funding

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India Dealbook: Mogae Media to buy digital startups; Chikoop, Machadalo get funding

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