India Venture Capital News

Sequoia Capital Invests Rs 60 Crore in Quick Heal Technologies

August 17, 2010

Sequoia Capital India, today announced that it has invested INR 60 crore in Quick Heal Technologies, India’s leading provider of computer security software products. This investment will help Quick Heal Technologies in growing its product portfolio, expanding its global distribution footprint and… Read more →

SKS Microfinance Initial Public Offering

August 16, 2010

MUMBAI (The Economic Times): India’s leading microfinance firm, SKS Microfinance, made its debut on the Bombay Stock Exchange at Rs 1.036, up 5.17 per cent over its issue price.

The firm, that lends credit to rural poor especially women, has raised around Rs 1,650-crore through its IPO which w… Read more →

Sequoia Capital leads 15M Investment in K12 Techno Services

July 02, 2010

Sequoia Capital India along with Song Investment Advisors have invested $15 million (Rs 70 crore) into K-12 Techno Services Pvt Ltd, a firm that manages a network of over 50 schools owned by Hyderabad-headquartered Gowtham Educational Institutions.

Sequoia is leading the investment into K-12 T… Read more →

Axtria Closes $2.5 Million Series A Financing from Sequoia Capital India and Private Investors

May 06, 2010

Morristown, NJ, May 6 2010. Axtria, Inc., an innovator in the application of analytics and technology to improve sales and marketing performance, announced today the closing of $2.5 million Series A financing. The financing was led by Sequoia Capital India. Private investors including Richard Bra… Read more →

Selling Stake in Manappuram Finance

April 29, 2010

Sequoia Capital, a venture capital firm that commits a portion of its portfolio to microfinance, recently sold its stake in Manappuram General Finance and Leasing Ltd, an India-based non-banking financial company (NBFC) that provides loans in exchange for gold, for USD 70 million. According to Li… Read more →

Druva Software Gets $5 Million Funding From Sequoia Capital

April 06, 2010

SANTA MONICA, Calif., April 7 (PRNewswire) Druva Software, a leading provider of Continuous Data Protection and Disaster Recovery products, today announced that it has received a Series-A round of funding from Sequoia Capital and the Indian Angel Network (IAN). Sequoia Capital and IAN will toget… Read more →

Sequoia Capital Invests INR500 Million In Stovekraft

March 31, 2010

Bangalore, India – March 31, 2010: Sequoia Capital today announced that it has invested Rs 50 Crores in Stovekraft, a leading Bangalore based company manufacturing and marketing kitchen appliances and modular kitchens. With this investment, Sandeep Singhal, Managing Director, Sequoia Capital wi… Read more →

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 →