Headland, NEA in ValueFirst financing round
Headland Capital Partners Limited (Headland), formerly known as HSBC Private Equity (Asia) Limited, has committed INR 70 crore ($15.4 million) to Indian mobile messaging and communication firm ValueFirst Messaging Pvt. Ltd., with current investor New Enterprise Associates (NEA) also injecting money as part of the fundraising round.
According to a statement, the company will use the capital for growth via acquisitions, which will also allow it to enter other like-sectors such as application programming, mobile media and digital commerce....
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