Quick roundup of Investment activity:
BharatMatrimony has raised $11.75 mn in second round funding from Mayfield, Canaan Partners and Yahoo [details]
eBay India has partnered with Matrix partners for former’s Indian classified site, Kijiji.in [details]
India’s booming telecom services market will witness investments of over Rs. 100,000 crores by 2010
“The investments include between Rs 48,000 crore and 60,000 crore ($12 billion to $15 billion) from six new telecom players (including Reliance and Tatas’ proposed GSM mobile services) over 12 to 24 months to create capacity for 250 million more mobile subscribers.”[source]
Canaan Partners raise $650 mn, the broad areas of investment will continue to be Internet, Mobile applications, Managed services, Software products, Transaction platforms and the like.
More at IndiaBusiness channel
