ZipDial Raises Second Round Funding from 500 Startups to Expand Internationally


Bangalore: ZipDial, a Bangalore based mobile engagement platform has raised investment from U.S. based 500 startups. This investment marks the tenth deal for 500 startups which began its operations in India just over a year ago. The investment is higher than $250,000 but is lesser than $500,000 reports dealcurry.com.

Founded by Valerie Rozycki, Amiya Pathak and Sanjay Swamy, it boasts of having a prestigious client list that include Hindustan Unilever, P & G, Disney and Puma, ZipDial has now raised money to hit the international market. ZipDial lets the user to place a missed call on a specific number for various customer engagement services.

ZipDial had raised its series A investment of $800,000 from U.S. and Indian angel investors which was led by Mumbai Angels in the year 2011. With such immense funding and great clientele ZipDial is now focusing to hit the Caribbean market with KFC and Pepsi. It also intends to start its operations in Bangladesh, Indonesia, Philippines and Nigeria later this year.

500 startups started its investing operations in India in the last year. It was founded by Dave McClure and focuses on investing in consumer & SMB internet startups, and related web infrastructure services with initial investment size varying around $25,000 to $250,000.

Read More:

9 Reasons Why Kerala Is The New 'Silicon Coast' For Startups

In 48 hours, Entrepreneur Sets up 10-Floor Building