Indian daily deals site Dealsandyou.com has secured $17 million in venture capital funds, Daily Deal Media reports. Dealsandyou was established in August 2010. Venture capital firm Mayfield Fund and global investment firm Norwest Venture Partners led the funding round.
The funding round also had investors such as Nokia Growth Partners and Intel Capital. The funding will assist the site to develop a strong customer-focused business, with greater investments in technology and infrastructure.
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