Outdoor advertising startup AdOnMo raised 3 million in a PreSeries A round
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Outdoor advertising startup, AdOnMo, raised $3 million in a Pre-Series A round initiated by Ant Financial-backed investment firm BAce Capital. Other investors of the event were Astarc Ventures & Mumbai Angels Network. The ad tech startup also declared that it will be using these funds to further expand its operations in the country and for product development, building upon the existing team as well as the acquisition of new talent.