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August 07, 2014

Deal Alert: AntFarm raises Series A funding from Bay Capital, Hausela Capital

Former Times Internet CEO Rishi Khiani’s incubation firm AntFarm has raised Series A funding from Bay Capital and Hausela Capital Partners. It plans to use this investment to build new early stage ventures in the fitness, hyperlocal and mobile segments, grow upcoming businesses in the travel segment and strengthen its existing portfolio companies.

Launched in November 2012, AntFarm currently operates businesses like fashion label, travel portal and native advertising business Fork Media. The company had raised angel investment from BCCL (Times of India Group) CEO Ravi Dhariwal and former Tech Mahindra CEO Sanjay Kalra.

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