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Swoopo the online auction site with a twist has bagged in $10 million in second round of funding. The funding was provided by August Capital adding up to its previous round of $4 million. The site offers real time bids just like auctions in real, place a bid, the clock ticks and if no one else comes up with a better one, the object is yours. We at Startup Meme liked the startup very much when it launched earlier.

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