Indian music streaming firm Hungama raising $100 mn

Washington, Indian media company Hungama that provides music, videos and movies on mobile, desktop and beyond, is on the cusp of raising more than $100 million, according to a media report. The media company is in “advanced” talks with existing investors Intel Capital and Bessemer Venture Partners, which fronted a $40 million raise last summer, TechCrunch reported citing sources close...