Canaan Partners invest in Chakpak

Sources tell us that Chakpak, the bollywood based social network has secured funding (amount not yet known) from Canaan Partners.

Chakpak earlier raised seed fund from Erasmic (now Accel India). The site is looking at different sources of revenue (from production houses etc) and it seems has a good traction

This is Canaan’s second foray into a socionet product – they earlier funded Techtribe (any idea how is it doing?).

Update: The investment is confirmed by Canaan.

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