If you are from the investment industry, you are probably aware of MingleBox’s second round of funding (raised around 3 months back)
The funding news was never made public, but confirmed sources 
tell us that MingleBox did raise it’s second round of funding from a Bangalore based venture arm (no, not sequoia, but a lesser known VC fund)- though amount is not disclosed.
And as we have mentioned earlier, the same is being used for deploying the new strategy – i.e. of moving away from being a fun social network to more serious, education based.
Any tip?
Ashish Sinha