
IvyCap leads $5m round for India's Aujas Networks
IvyCap Ventures has led a INR310 million ($5 million) round of funding for Aujas Networks, an information risk management (IRM) service provider. Existing investor IDG Ventures India, along with new entrant Rajasthan Venture Capital Fund (RVCF), also took part in the round.
The company was set up in 2008 by Srinivas Rao, a former Cisco Systems director, Navin Kotian, previously country managers for IBM India, and Sameer Shelke, a former director at Fidelity Investments who...
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