Seventymm plans to expand its presence to 40 cities in 5 years

29 August, 2008
Movie rental company Seventymm.com, which is currently present in six cities in India, plans to expand to 40 cities in the next five years. The company aims to reach a target of four million customers from its current 70,000 in the same period.

Seventymm.com recently raised Rs 50 crore in Series C funding led by NEA-Indo US Ventures. The company had earlier raised Rs 40 crore in funding from VC firms including Matrix Partners India, Draper Fisher Jurvetson and ePlanet Ventures. [Source: Financial Express]
« Back | E-mail to a friend | Print





Movie rental company Seventymm.com, which is currently present in six cities in India, plans to expand to 40 cities in the next five years. The company aims to reach a target of four million customers from its current 70,000 in the same period.
Read More

   
by Vishal on 29 August, 2008
Submitted by Vishal (not verified) on Fri, 08/29/2008 - 15:11.

i see they ARE dabbling in the on-demand space.

by Vishal on 29 August, 2008
Submitted by Vishal (not verified) on Fri, 08/29/2008 - 14:39.

They need to get into video-on-demand or this is a complete waste of time and money, given that the BIG guys are obviously planning correctly for the kill.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <p> <br>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
Hi! Please enter the words as you see them below so we know you are human and not the agent of Spam. Thank you.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.