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Wireless

Oppo invests in Indian digital media startup POPxo

Friday 27 April 2018 | 10:13 CET | News
Digital media startup POPxo has raised INR 370 million in a funding round led by South Korea's Doosan investment arm Neoplux, and Chinese manufacturer Oppo. This is also Oppo's first investment in the Indian market, The Economic Times reports. Existing investors, including Japanese firm GREE Ventures, IDG Ventures India, Kalaari Capital and Philippines-based Summit Media, also participated in the round. POPxo plans to use the fresh funds for product development as well as to tap into vernacular markets.

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Categories: Mobile & Wireless
Companies: Gree / Oppo
Countries: India
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