India's Turtle Yogi raises seed funding from Blume Ventures

By VCPOST Staff Reporter

Jan 27, 2014 08:07 AM EST

Bangalore-based firm Turtle Yogi Technologies has raised seed funding in a round led by venture capital firm Blume Ventures. Turtle Yogi is the owner and operator of cloud-based video platform, according to The Economic Times.

The said round is estimated to have a range of $250,00o (INR1.6 crore) to $350,000 (INR2.2 crore). American micro venture capital group Shead Holdings, R Narayanan of Chennai Angels, and Google Singapore executive Rahul Garg also contributed to the funding round, the report detailed.

This is Turtle Yogi's first financing round. The company's flagship product,, is an infrastructure that allows users to communicate face-to-face through browser and mobile platforms, without the need to download the app, the report explained.

Founded in 2012 by Hrishikesh Kulkarni, Turtle Yogi's clients include HDFC Bank and BPO firm Firstsource. The firm plans to use the proceeds from its first funding to beef up its sales and expand its product portfolio, The Economic Times reported.

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