[ Paytunes raises $500k in seed funding ]

Paytunes raises $500k in seed funding led by CIO Angel Network and  Indian Angel Network.

Founded in July 2015, PayTunes provides advertisers and brands a targeted medium to reach mobile consumers through audio visual ads.Users can download PayTunes app that will replace their mobile ringtones with ad jingles from advertisers. At the end of the call, a visual for same ad is also shown.

The new capital will be utilised for customer acquisition and product development.

Funding  Seed
Founded  2015
Country  India
City  Delhi, Delhi
Founder / CEO  Divya Pratap Singh
Deal Size  $500k
Investors  CIO Angel Network
 Indian Angel Network
Previous Investors  Anoop Mathur
 Sanjay Mehta
 CIO Angel Network

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Author:
Investor & Serial Startupper ;-))

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