Mobile video site Vuclip (by ex-Punekar Nickhil Jakatdar) get $8M funding

Vuclip, a browser based videos-on-the-fly service targeting mobile devices, has received $8 million in funding from NEA and Jafco Ventures.

Vuclip is the 4th startup of successful serial entrepreneur Nickhil Jakatdar. Nickhil is a COEP alumnus, an angel investor who has invested in Pune, visits Pune regularly, and supports the startup ecosystem here

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