Mobile Video Startup 'Vliv' Gets Seed-Funding From Mumbai Angels

Vliv Inc. is a Sunnyvale, New Delhi and Bangalore based mobile video startup founded by three ex-Yahoo!s has raised undisclosed amount of seed funding from Mumbai Angels network and a group of CEOs and top executives of technology companies.

Manish Dalal of Verisign, Srini Raghavan of Scientific Games and Pari Natarajan of Zinnov were among the senior executives of technology firms that participated in the round.

Vliv will use the funds to expand its footprint and launch its next video app simultaneously in over 15 international languages. Vliv currently has two video applications in the App Store across the world : VOOL Movie maker and Vliv Videofun. VOOL is a video editing app to create picture perfect movies and share them with the world. VOOL is the only movie maker app where you can add a set of animation video stickers right into your movies!

Vliv claims that its app VOOL is VOOL is the world's first movie maker app for iphone which lets users create video stories using live video stickers.

"Majority of our app users are teenage girls in the 13-18 year-old bracket and nearly 70% of the current user base is in the US," said Vaibhav Suri, who co-founded the startup two years ago along with his Yahoo colleagues Ashish Chadha and Kiran Kulkarni. He declined to reveal the amount raised in this round.

Vliv has become popular among teenagers since the launch of its first video editing app, Vliv Videofun, in September last year. It has been ranked in the top 500 apps in the video category for the last six months in the US app store.

Vliv is founded by three Ex-Yahoo!s - Kiran Kulkarni, Vaibhav Suri and Ashish Chadha. Kiran is a graduate from IIT-Delhi and Vaibhav from Stanford and University of Alberta and apart from Yahoo! has worked for Nokia as well in past while Ashish has worked with Yahoo! and Cannon,

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