Yipit Raises Fund

venkatesan | June 29 - 2011

The leading deals aggregator site raised $6 million. The news first published in Techcrunch. One of the interesting points is that it is going to increase its man power from 7 to 30 by next one year. They are searching for their own office space and have to move from the General Assembly.

Yipit covers 32 cities in North America and lists 335 active deal services. New York City has more active deals than others. It hits big last year by bringing together all of the deals in one place. Yipit pulls all the deals from the leading group buying sites like groupon, livingsocial and summarize it their site. User can search and filter their deals. Yipit send mails every day to the subscriber that contains all of the deals for the city and category selected by people.

The main advantage of Yipit is that you should not go to every group deals sites to view the deals by opening each and every mail sent by the group deals sites. It is really a smart business strategy you need not invest big money and man power to successfully run the business process. Take the example of Yipit it has only 7 people successfully running the business.

So what is your next business plan? Do you want to start your own yipit clone website? Ndot deals aggregator cost only $299. You can download it immediately and start your site in hours.