India-based mobile app developer and distributor AppsDaily has raised a $16m series C round from investors including Qualcomm Ventures, the corporate venturing arm of semiconductor company Qualcomm and technology company Ru-Net, VCCircle reported yesterday.
The round was led by Zodius Capital and featured Kalaari Capital. Some unnamed private investors, who had backed AppsDaily through Mumbai Angels, meanwhile exited.
In 2013, AppsDaily received a $5m series B round from Ru-Net, Qualcomm Ventures and IndoUS Venture Partners. It secured a $4m series…
