Tech firm CREO raises $3 mn to build its own OS
Bangalore-based consumer technology company CREO has secured $3 million funding from Sequoia India, Beenext Ventures and India Quotient. It will use the funds to build its own Android-based operating system and launch its flagship smartphone later this year. Founded in 2013 by Sai Srinivas Kiran G and Shubh Malhotra, the company had raised $1.75 million in seed funding in March 2015.