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Seventymm plans to expand its presence to 40 cities in 5 years

Movie rental company Seventymm.com, which is currently present in six cities in India, plans to expand to 40 cities in the next five years. The company aims to reach a target of four million customers from its current 70,000 in the same period.

Movie rental company Seventymm.com, which is currently present in six cities in India, plans to expand to 40 cities in the next five years. The company aims to reach a target of four million customers from its current 70,000 in the same period.

Seventymm.com recently raised Rs 50 crore in Series C funding led by NEA-Indo US Ventures. The company had earlier raised Rs 40 crore in funding from VC firms including Matrix Partners India, Draper Fisher Jurvetson and ePlanet Ventures. [Source: Financial Express]

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