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.
