E-mail marketing startup Mailmodo raises $2-M from Surge, Y Combinator, others

Bengaluru-headquartered no-code e-mail marketing startup Mailmodo has raised USD 2 million in seed funding, led by Sequoia Capital India's Surge, Y Combinator, and existing investors. Mailmodo will use the funds for product development and market expansion. Mailmodo, which operates on a SaaS model, aims to bring rich functionality to e-mail marketing to help businesses get better conversions on communications.