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.