India Venture Capital News

IMImobile raises USD 13 million in a financing round led by Sequoia Capital

November 12, 2009

Hyderabad and New Delhi, India, November 12, 2009 – IMImobile, the leading global end-to-end provider of converged mobile and online value-added services for mobile operators, media companies and enterprises today announced that it has raised USD 13 million in a financing round led by Sequoia Cap… Read more →

Jafco and Sequoia Capital invest in ApnaPaisa

January 15, 2009

Mumbai – Apnapaisa Pvt. Ltd announced today that it has closed a second round of fund raising led by JAFCO Asia and Sequoia Capital.

Apnapaisa is a leading Internet and mobile consumer services company which owns and operates price comparison sites, which deliver significant value to consumers… Read more →

Ujjivan Raises $19.6 million (Indian Rupees 940 million) of Equity Capital

November 25, 2008

BANGALORE, India — Ujjivan Financial Services is pleased to announce the successful completion of the fourth round of equity infusion. Originally planned for $15.6 million (Indian Rupees 750 million), the equity round was over-subscribed and increased to $19.6 million (Indian Rupees 940 million)… Read more →

SKS Microfinance Raises $75 Million

November 10, 2008

Hyderabad – November 10, 2008

SKS Microfinance Pvt. Ltd. has announced the closure of a fourth round of equity funding in which it has raised $ 75 million (Rs. 366 crore). The landmark transaction, led by Sandstone Capital, represents the largest private equity investment to date in microfinan… Read more →

Rupees 108 crore to be infused into Manappuram Finance

November 10, 2008

Kochi, Nov 8 : The Kerala-based NBFC Manappuram Group of Companies has received fresh capital infusion of Rs 108 crore from United Kingdom and the US-based equity firms, with participation from the promoters.

The UK-based Ashmore Alchemy, a joint venture between Ashmore and Alchemy has investe… Read more →

Sequoia Capital invests Rs1200 mn to Cotton County Retail

August 28, 2008

Cotton County Retail, a Ludhiana-based textile firm has been reinforced with Rs1200 million from private equity firm Sequoia Capital India.

While talking to the media Mr Sachin Sahni, Vice President of Cotton County Retail stated, “We have received Rs1200 million from Sequoia Capital India whi… Read more →

TutorVista.com gets $18-m PE funding

July 24, 2008

NEW DELHI: TutorVista.com, the consumer online education services company, has raised $18 million from PE player Sequoia Capital and LightSpeed Venture Partners to fund its expansion into a hybrid (online-offline) education model.

In addition, the company is in talks with strategic investors … Read more →

Genesis Colors gets Rs. 110 crore investment from Sequoia Capital, Mayfield Fund and Silicon Valley Bank

June 16, 2008

Genesis Colors Pvt. Ltd., the holding company of designer brands Satya Paul, Deepika Gehani, Samsaara, Shobhaa De’ and the lingerie brand Bwitch, has received an investment of Rs. 110 Crores from Sequoia Capital Fund, Mayfield Fund and Silicon Valley Bank in return for minority stake in the compa… Read more →

SatNav secures $7 million from Sequoia Capital

June 13, 2008

June 13, 2008: Hyderabad-based IT products company SatNav Technologies has recently attracted investment of $7 million (approximately Rs 29.96 crore) from one of the leading venture capital players Sequoia Capital. The investment will be used to enhance the product portfolio of SatNav besides boo… Read more →

SCIOinspire Acquires SOLUCIA, Inc.

June 03, 2008

Hartford, CT – June 3, 2008 – SCIOinspire, Corp., a premier provider of healthcare cost-containment services, announces its acquisition of SOLUCIA, Inc., which provides care management analytics, actuarial and management consulting, development and evaluation of care and disease management progra… Read more →