Indian Mobile Ad Firm mGinger Raises $2 Million

Authored by Mark Hefflinger on November 29, 2007 - 8:01am.

Bangalore, India - mGinger, a provider of mobile advertising services, has raised $2 million in its first round of venture capital financing, led by Draper Fisher Jurvetson, ContentSutra reports.

New Enterprise Associates Indo-US also participated.

India-based mGinger operates a permission-based mobile ad service that claims nearly 1 million subscribers.

 

Related Links:
http://snipurl.com/1udt1 (ContentSutra)

http://mginger.com

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