Location-based mobile advertising platform Near raises $6.3M from Sequoia & Canaan Partners

Near, a location-based mobile advertising platform that supports both feature phones and smartphones, has raised Rs 35 crore ($6.3 million) in Series A funding from Sequoia Capital and Canaan Partners. The money raised will be primarily used to support the company’s expansion plans across the Asia-Pacific region and also to expand the team.

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