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December 11, 2012

Deal Alert: Mumbai Angels invests in hotel mgmt software firm MaxiMojo

Angel network Mumbai Angels is to invest in Pune-based startup MaxiMojo, which provides cloud-based distribution and revenue management solutions for hotels. As part of the deal, Jai Advani, a hotelier with multiple properties, will join the Maximojo board. The round was led by Ashpi Gupta. 

The investment amount is estimated as under Rs.5 crore

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