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January 07, 2014

Deal Alert: Blume Ventures invests in health video portal Homeveda

Homeveda, a health video content site focusing on natural health and wellness, has raised funding from Blume Ventures. The company provides short 2 to 3 minute do-it-yourself (DIY) videos on its website, YouTube and Blinkx, as well as via telecom operators Airtel and Vodafone. They are also available on DTH, with Tata Sky. Homeveda will use the funding to scale up operations as well as develop mobile apps. 

The company recently launched on Roku as a standalone channel, and claims to have done over 150,000 views in the first month. Homeveda was launched in May 2012, by Harsh Rohatgi, Vinay Mishra and Hitesh Bhagia, and claims over 200,000 subscribers and close to 30 Million views on YouTube.


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