Mobile VAS player, TeleDNA has raised $10mn from Peepul Capital, Hyderabed based fund. 
TeleDNA is an end-to-end mobile VAS solution provider and specializes in providing highly scalable, robust telecom grade software infrastructure required for mobile network operators and enterprises.
TeleDNA’s converged VAS solutions has been deployed in more than 45 installations world over (in more than 10 countries.
TeleDNA has installed very high capacity products like SMSCs, MMSCs, CBC etc.for BSNL.
The funding will be used for venturing into Managed Services/MVNO offerings
We will be utilizing the funds to create sustained, mission critical, mass market revenue generating VAS applications bundled with our matured VAS infrastructure products to any mobile telecom company and large enterprise..Company will also venture into Managed Services/MVNO offerings with technologies where operators have not made any significant revenues. For example, MMS and CellBroadCast has not been a success story for network operators due to lack of compelling applications, complications around service subscription, device settings and billing plans.’ source
Peepul Capital is $325 mn fund has earlier invested in UniveCell.
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