Funding Round: Oximity, Indix

Online media startup Oximity has secured funding from angel investors Ronnie Screwvala and K Ganesh. Oximity has over 2,500 writers who generate news stories. It isn’t clear how Oximity plans to pay writers. Link


Indix, a SaaS + Big Data product intelligence platform company has raised $8.5 million of a $9 million Series A-1 round of financing,co-led by Avalon Ventures and Nexus Venture Partners. Funds will be used to scale its R&D and go-to-market activities. Indix is actually based in Seattle but has a product development and engineering team in Chennai, India. Link


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