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.
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
Stylista.com, travel portal Arrive.com 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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