Info-tech

Consumer tech firm CREO secures $3-mn funding

Our Bureau Mumbai | Updated on January 19, 2018 Published on January 21, 2016

CREO, a Bengaluru-based consumer technology company, has secured $3 million in funding from Sequoia India, Beenext Ventures and India Quotient.

CREO will invest the funds in building an evolving software experience through their proprietary Android-based operating system and a flagship smartphone to be launched later in the year.

“The idea of building an Android-based operating system for a smartphone stemmed from the realisation that in the current market, while hardware is getting better very fast, there is not enough differentiation on the software front. We want to be the ones bridging that gap," said Sai Srinivas, Co-Founder & CEO, CREO.

Formerly known as Mango Man Consumer Electronics Pvt Ltd, CREO’s first product offering was Teewe – an HDMI media streaming device that was launched in September 2014. The company later launched Teewe 2 in May 2015.

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Published on January 21, 2016
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