WatBlog Newsletter Archive: WATBlog Update "Exclusive: Hover.in Gets Funding From Media2win" from "WATBlog.com - Web, Advertising and Technology Blog in India"

Thursday, January 1, 2009

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"Exclusive: Hover.in Gets Funding From Media2win" from "WATBlog.com - Web, Advertising and Technology Blog in India"

Exclusive: Hover.in Gets Funding From Media2win

You are reading it here first: We have got tipped off from reliable sources that Media2win the agency which is part of the 2win group headed by Alok Kejriwal has invested in Hover.in an in text advertising tool which was showcased in the proto.in event in Jan this year.

The amount of investment is undisclosed though our sources peg the investment at close to a crore and given the early stage of the startup it may be an accurate figure.

Media2win has itself recieved funding from Nexus and Icici venture and is headed by Krishna Kumar and Namrata Balwani and Alok serves on the board of Media2win. We had reviewed Hover in our proto coverage in Jan and you can have look at the same here.