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April 28, 2014

Deal Alert: Vantage Circle raises round from Raghu Bathina, others

Delhi-based Bargain Technologies, which owns and operates Vantage Circle, an online privilege platform for corporate employees, has raised Rs 1.2 crore ($198,048) from investors including former Citrix Systems senior director Raghu Bathina, a member of the Hyderabad Angels group. The company will use the funding to expand its market presence and offer clients more innovative solutions. 

Founded in 2011 by Partha Neog, K. C. Ramakrishna and Anjan Pathak, Vantage Circtly provides privileges from brands such as Samsung, Tata Motors, redBus, Cleartrip, Tata Sky, Toyota, Croma and Apollo Pharmacy. It claims more than 300,000 corporate employees on its platform. The platform claims a click through rate of 8-10 % and an email open rate of 30%. 

 
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