Amigobulls, a Palo Alto, CA and Banagalore, india-based platform for stock market news, views and analysis videos, raised a seed funding of undisclosed amount.
A group of angel investors via LetsVenture made the investment. The round was led by Sharad Sharma, Vijay Anand, who will be joining the company’s board of directors, Mr. Mohandas Pai, Pallav Nadhani and others.
The funds will be mainly utilized to build mobile platforms and strengthen their network of video bloggers.
Launched in mid-2013 by Chandu Sohoni (CEO), Poorna Nayak and Mandeep Makkar, Amigobulls.com uses patent pending big-data technology to provide investors with independent news and automatically generated analysis videos for thousands of popular technology stocks.