Bangalore based Vidteq has raised funding from KITVEN, a fund contributed by Karnataka State Industrial Infrastructure Development Corporation (KSIIDC), Karnataka State Financial Corporation (KSFC), Small Industries Development Bank of India (SIDBI) and Karnataka Bio-technology & Information Technology Services.
We have profiled Vidteq earlier (VidTeq – Video Maps for Bangalore [Fancy or Need?]) and the company has moved from being a pure B2C player to providing VideoMap based Navigation, Location and Search solutions for Businesses (like hotels/schools/colleges etc).
Started in 2008, the company plans to use the funds for enhancing its sales and marketing team and taking the Cell app to production.
KITVEN earlier invested $0.6 Million in Sloka Telecom.