Filed in archive
Business
by Mark Brooks on March 13, 2006
Mar 9 -- India, Mumbai : Shaadi.com, the flagship brand of People Interactive Pvt. Ltd, which owns other businesses such as Fropper.com, AstroLife.com, and ShaadiPoint has secured an investment of US $8 million from India's WestBridge Capital Partners. Just last week People Group had announced a $10 million investment deal in it's group company, People Infocom (MAUJ Telecom) with a consortium of investors - WestBridge Capital Partners, Intel Capital, and Sequoia Capital. This is People Group's second venture capital deal in two weeks and brings the total amount raised to $18 million. WESTBRIDGE CAPITAL PARTNERS RELEASE
Mark Brooks: Shaadi is a power house in matrimonials and is doing some very innovative work meshing online services with 'real world' bricks and mortar services which will eventually make waves in the US market ;-)
Tags:
dating
investment
capital
partners
million
capital+partners
westbridge+capital
million+investment
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/18168
Addthis
Ask
Blinklist
del.icio.us
Digg
Fark
Facebook
Google
Lycos
Ma.gnolia
Mr Wong
Netscape
Netvousz
Newsvine
Reddit
StumbleUpon
Slashdot
Tailrank
Technorati
Wink
Yahoo
Vote for WestBridge Capital Partners Announces $8 Million Investment in Shaadi.com:
|
Rating: 6.33 out of 3 vote(s) cast.
|
Subscribe
Use the search to look for other interesting posts
| RSS |  See all blog subscribe options |
 What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |
