1. Myntra Designs, an online marketplace for on-demand consumer products has received seed funding from Erasmic Venture Fund and a few angel investors. The amount of funding has not been disclosed. The company allows users to create personlized gift items like t-shirts, mugs, calendars, key-chains etc. The site was launched in beta in May this year. with extensive experience in building software products in multiple domains. A large number of them have worked for start-ups in bay area and India. . The funds, as per the release, will be used for scaling up operations, marketing (of course) and procuring technology ... (Read Full Article)

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