VC CIRCLE - Feb 21 - Targeted at South Asians globally, TwoMangoes has launched its India operations a couple of weeks ago. TwoMangoes has raised an undisclosed angel funding from Andy Jasuja, the co-founder, chairman & CEO of Sigma Systems, an IP solutions services company. The dating portal will use the funds to scale up its user base and develop mobile and Internet apps to reach out to more people. The funds are expected to last for about a year and after that, the firm will be looking to raise series A funding of about $3M.vThe company already has a presence in the USA, Canada, the UK, Australia and the UAE.
by Nandana Das
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