Deal Alert: Instamojo raises funding from Blume Ventures

Instamojo, a website which allows users to buy and sell their digital goods has raised undisclosed amount of funding from Blume Ventures. The portal allows users to sell reports, code, documents, photos, templates, tutorials, music, and videos, give out physical goods for free, or even time. According to reports, others might also have invested in this round of funding for Instamojo.

Founded in late 2010, Instamojo had previously raised funding from angel investors Rajan Anandan and Sunil Kalra in July 2012 and from 500 Startups in October 2012.

Source: MediaNama

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PE-VC investments decline 8% to $6.2 B in Q1'24

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