Categorized | Technology

Tags : , ,

Group Buying Site MyDala Crosses 3 Million Subscribers

By | 22 July 2011 | 0:51

Delhi-based group buying site MyDala has crossed the 3 million subscriber mark and aims to be among the country’s top 100 sites by the end of the month, said a press release. The site claims to generate traffic of more than 250, 000 visitors per day. It recently raised a little over $2 million from Naukri.com promoter Info Edge. Earlier in November 2010, the company raised a $250,000 angel round from CX Partners promoters Ajay Relan and Jayanta Basu and other undisclosed investors.

Founded in November 2009, MyDala currently offers deals in nine cities, apart from pan-India deals. It offers deals across seven verticals including restaurants, health and beauty, travel, lifestyle, fashion, home and baby and gadgets. It claims to have sold more than 350,000 vouchers till date and has partnerships with more than 8,000 merchants.

The company’s founder’s Anisha Singh is a serial entrepreneur who earlier founded and led Kinis (Software) Solutions, which provided customized e-learning solutions in the US and India. MyDala currently employs more than 60 people.

Comments are closed.

StartupCentral tracks small businesses that are making a big impact in India and Asia. For more please visit the About page. Share tips and press releases at news (at) startupcentral (dot) in

Enter your email address to receive notifications of new posts by email.

StartupCentral Media Partnerships

Echelon 2012

MentorEdge

TLabs

Archives

Corrections & Disclaimer

Corrections, denials or clarifications, if any, may be emailed to editor (at) startupcentral (dot) in. Please visit the About page for more on StartupCentral's editorial policy.

The content on this site does not constitute expert advice. StartupCentral does not take responsibility for decisions that readers may take on the basis of information available on this site. The content on this site also includes the views and opinions of professionals from the venture capital, private equity and entrepreneur community and links to other sites and websites operated by third parties. StartupCentral does not take responsibility for decisions that readers may take on the basis of the information, views and opinions, expressed on this site by third-party contributors or via links to other blogs and websites operated by third parties. Comments are welcome. StartupCentral reserves the right to remove/delete comments that are libelous or abusive in nature or attempt to market a product or service. StartupCentral is not responsible for the views and opinions expressed by readers though their comments.