Komli Media raises $6 mn via PE

MUMBAI: In a bid to expand in the Asia pacific market, Mumbai-based digital media company Komli Media has raised venture capital funding worth $6 million from existing investors Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson. Helion was the lead investor in the current round. 
 
The primary focus area in the APac region will be Singapore, Philippines and Malaysia. 
 
Meanwhile, part of the funds raised will also be used in developing technology and improving the sales team.