Teewe Developer Mango Man Raises $1.75M Funding

image source: techcrunch

image source: techcrunch

Bangalore-based home entertainment hardware maker Mango Man has raised $1.75 million in seed funding round from Sequoia Capital and India Quotient Fund.

Mango Man aims to use the newly acquired funding to enhance its current product lineup, develop new hardware scheduled to be launched later this year and expand internationally, as reported by TechCrunch

Speaking about the funds raised, Co-founder and CEO of Mango Man Consumer Electronics, Sai Srinivas Kiran G said, “We are very thrilled with this round of funding from Sequoia Capital and India Quotient Fund, and consider it a validation of our founding principles. Teewe is our first attempt to change the way users experience video streaming, and we will continue this quest with upgrades for Teewe and launch of new products.”

Mango Man is the maker of Teewe – a HDMI media streaming dongle that converts a normal TV to a smart TV, often considered India’s answer to Google Chromecast.

It was founded in 2013 by Sai Srinivas Kiran G and Shubh Malhotra in Bangalore. The company’s current focus in on allowing users to watch content they already have, as opposed to streaming content online, given the current drawbacks of broadband in India.

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  • Teewe Ninja

    Thanks a lot for your coverage of Teewe. Indeed it is a great news for us.

    Teewe is the only media streaming that is indigenous to India and it is a fantastic platform that can revolutionize the entertainment scenario in India. You can build your own entertainment ecosystem across different platforms, such as Windows, IOS, Linux, Android etc.

    Interested folks could watch/Read this review of yours and make an informed decision on what to choose when shopping for IT gadgets. Teewe has a social media presence over Twitter (@talk2teewe), Facebook (facebook.com/teeweon). Users could also log onto teewe.in and check out the specifications and more information about Teewe.

    Sayonara!

    Teewe Ninja