MotorExchange has raised $13 Mn in Series C funding led by Tiger Global Management and Canaan Partners. The funds will be used for brand building, expanding the network and increasing the headcount.MotorExchange raised $5Mn from Epiphany Ventures and Canaan Ventures in it's second round of funding in January'11. It had also raised series A funding from Canaan Partners in 2009.
Transaction Reference: Medianama
Bangalore based Spot-Ad firm - Amagi has raised Rs25 Cr in it's third round of funding from Nadathur Group.
Dentsu Aegis Network, a unit of Japanese advertising major Dentsu Inc, has acquired over 75% stake in Kolkata based digital media agency WATConsult. The deal values the eight year old venture at around R180-200 Cr.