India Venture Capital News

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 →

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 →