Bangalore-Based Hardware Startup Mango Man (Teewe) Raises $1.75 mn from Sequoia Capital and India Quotient Fund

Bangalore-based home entertainment hardware maker Mango Man has raised $1.75 million in seed funding from Sequoia Capital and India Quotient Fund.
Teewe-HDMI-Dongle
The company will use the newly raised capital to enhance its current product lineup, develop new hardware scheduled to be launched later this year and expand internationally (SE Asia).
Mango Man was founded in 2013, and has since grown into a company with a team of 22 people.
Teewe, Mango Man’s current flagship product, is a HDMI dongle that lets users connect their televisions with devices running on Android, iOS, Windows, Mac OS, Linux, and Chrome.
The company’s current focus in on allowing users to watch content they already have, as opposed to streaming content online, given the current drawbacks of broadband in India.
While Teewe is very similar to Chromecast, Mango Man says sales of its device have in fact grown since the launch of Google’s product.