Komli raises $6 million series B round

Komli Media, a Mumbai-based advertising network startup, has picked up $6 million in Series B funding from existing investors Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson. The fresh funds will be used to grow the company’s presence in the Asia Pacific region. The funding follows Komli’s acquisition of PostClick in Australia last month, as part of its…

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India Venture Capital Stats: 2009

Disclosed venture capital investments in 2009, by my count, stood at just under $150 million. The total number of deals announced was 59, out of which 28 did not disclose the investment amount. This is as per numbers collated from deals reported by various media and announced in press releases. Not all these deals are verified and in many cases…

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Consumer Services Spell Unique Returns for Indian VCs

[media-credit name="Snigdha Sengupta" align="alignnone" width="150"][/media-credit]Kanwaljit Singh started Bangalore and New Delhi based venture capital firm Helion Venture Partners with Ashish Gupta and Sanjeev Aggarwal in April 2006. The firm has raised $350 million and invested in 21 companies till date. In 2008, Helion added consumr services businesses to its investment focus alongside technology-powered businesses. Singh, who earlier led Carlyle Group’s…

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