India Venture Capital News

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 →

Sequoia Capital invests Rs1200 mn to Cotton County Retail

August 28, 2008

Cotton County Retail, a Ludhiana-based textile firm has been reinforced with Rs1200 million from private equity firm Sequoia Capital India.

While talking to the media Mr Sachin Sahni, Vice President of Cotton County Retail stated, “We have received Rs1200 million from Sequoia Capital India whi… Read more →

TutorVista.com gets $18-m PE funding

July 24, 2008

NEW DELHI: TutorVista.com, the consumer online education services company, has raised $18 million from PE player Sequoia Capital and LightSpeed Venture Partners to fund its expansion into a hybrid (online-offline) education model.

In addition, the company is in talks with strategic investors … Read more →

Genesis Colors gets Rs. 110 crore investment from Sequoia Capital, Mayfield Fund and Silicon Valley Bank

June 16, 2008

Genesis Colors Pvt. Ltd., the holding company of designer brands Satya Paul, Deepika Gehani, Samsaara, Shobhaa De’ and the lingerie brand Bwitch, has received an investment of Rs. 110 Crores from Sequoia Capital Fund, Mayfield Fund and Silicon Valley Bank in return for minority stake in the compa… Read more →

SatNav secures $7 million from Sequoia Capital

June 13, 2008

June 13, 2008: Hyderabad-based IT products company SatNav Technologies has recently attracted investment of $7 million (approximately Rs 29.96 crore) from one of the leading venture capital players Sequoia Capital. The investment will be used to enhance the product portfolio of SatNav besides boo… Read more →

SCIOinspire Acquires SOLUCIA, Inc.

June 03, 2008

Hartford, CT – June 3, 2008 – SCIOinspire, Corp., a premier provider of healthcare cost-containment services, announces its acquisition of SOLUCIA, Inc., which provides care management analytics, actuarial and management consulting, development and evaluation of care and disease management progra… Read more →

Satellier Acquires Screampoint

April 23, 2008

CHICAGO — Satellier Inc., the global leader in workshare solutions and pioneer in Building Information Modeling services (BIM) for the architecture, engineering, construction and building owner (AECO) industry, announced the acquisition of Screampoint, the inventor of and leader in 5D Digital Cit… Read more →

Hyderabads EPC Boom: Fidelity, Sequoia Capital Invest Rs 160 Crore In Coastal Projects

April 08, 2008

If the recent private equity dealflow in the engineering, procurement and construction (EPC) sector is any indication, Hyderabad is the EPC capital of India. In a latest deal, private equity firms Fidelity International and Seqouia Capital India have bought about 20 per cent equity in Hyderabad-b… Read more →

Sequoia Capitals Growth Fund Invests Rs 120 Crore In Apparel Chain Nahar Retail

March 28, 2008

Sequoia Capital India is picking up an undisclosed stake in Nahar Retail, the retail arm of Nahar Industrial Enterprises which owns Cotton County branded apparel retail chain, for Rs 120 crore. The transaction would be in two stages wherein Sequoia Capital Growth Investment Holding I would be inv… Read more →