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Mobile TV company Apalya raises $500,000 from Mumbai Angels

Hyderabad based mobile TV company Apalya Technologies has received $500,000 (Rs 2 crore) investment from Mumbai Angels, a network of angel investors, reports VC Circle.

Apalya aggregates premium entertainment content from content providers, and then optimises it for small screen or mobile viewing.

Hyderabad based mobile TV company Apalya Technologies has received $500,000 (Rs 2 crore) investment from Mumbai Angels, a network of angel investors, reports VC Circle.

Apalya aggregates premium entertainment content from content providers, and then optimises it for small screen or mobile viewing.

Vamshi Reddy, co-founder and director, Apalya Technologies, has said, “Funds are primarily going to be used to expand the team on the marketing front and for setting up the infrastructure.”

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