Asklaila.com closes $10 mn funding

Was led by Lightspeed Venture Partners.

Asklaila, a local search engine developed by Four Interactive, a Bangalore-based start-up, has closed $10 million of second round funding led by Lightspeed Venture Partners.

SVB India Capital Partners and Matrix Partners India have also joined the round. Matrix Partners has already invested $2 million in the company.

Asklaila will use the funding to scale up its operations and deploy its service across the country. Recently, Four Interactive launched its local search engine for Bangalore city. The portal asklaila.com allows users to search, discover and review local services and businesses.

"This new round of funding reinforces and furthers our aim to be the leader in this emerging space," said Kiran Konduri, co-founder, Four Interactive.

"We have seen a tremendous growth in the usage of our service by both consumers and local business. This funding will allow us to expand our operations to service the growing demand for local information countrywide."