Investments Mobile Value Added Services

The India Mobile Value Added Services market is going pretty strongly. Here is how the investment is being made into the sector by Venture Capitalists and private Equity funds.

  • Mauj Telecom $ 10 mn by West Bridge Capital partners and Sequoia Capital
  • Nazara Terchnologies $ 1.5 mn by West Bridge
  • Bubble Motion $ 10 mn by Sequoia Capital India
  • Paymate $ 5 mn by Kleiner and Sherpalo
  • IMI Mobile $ 10 mn by Pequot Ventures
  • Indiagames $ 15 mn by UTV Software
  • mGinger $2mn by Draper Fisher Jurvetson and NEA-IndoUS Ventures
  • Enable M undisclosed sum by Salora Group
  • One97 $ 8-10 mn by SAIF Partners & Silicon Valley bank
  • Obopay $20 mn by Essar Communications Holdings, Promethean
    India, Richmond mgmt, Others
  • Sai Advantium $20 mn by MPM Capital
  • On Mobile $ 27.8 mn by Deutsche bank, Goldman Sachs and Polygon
    Investment partners. The company has also raised money in an IPO on Dalal Street.

Please feel free to add the ones we have missed.

Author: Webmaster