Norwest Venture Partners

Norwest backs Capillary retail solution

Buy anything online today and there is a good chance the seller not only knows what you bought, but who you are, where you are and what you like. E-commerce firms can now mine a wealth of information on their customers; traditional brick-and-mortar retailers,...

NVP raises $1.2b for global VC fund

Norwest Venture Partners (NVP) has reached a final close of $1.2 billion on its latest fund, which will make early to late stage venture and growth investments out of the US and via subsidiaries in India and Israel.

Indian digital education firm iProf raises $9 million

DMG Information, a division of the UK’s Daily Mail and General Trust, has led a $9 million Series B round of funding in Indian digital education firm iProf. Existing investors Norwest Venture Partners and IDG Ventures also participated.

Peepul Capital leads $30m Series E round for Komli Media

Digital advertising technology platform Komli Media has raised $30 million from new investor Peepul Capital. Existing investors Norwest Venture Partners, Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson also participated in...

PE, strategics back Gateway Distriparks subsidiary

Norwest Venture Partners has picked up a 14% stake in Indian port-based logistics operator Gateway Distripark's subsidiary Snowman Logistics for INR600 million ($10.4 million). Existing shareholders include International Finance Corporation (IFC) and...

Norwest invests $11m in India's Perfint Healthcare

Norwest Venture Partners has invested $11 million in Indian medical technology company Perfint Healthcare as part of a Series D round of funding. Norwest previously invested $7.2 million in the Chennai-based company in 2010.

NVP injects another $5m in Appnomic Systems

Appnomic Systems, an Indian IT infrastructure management services company, has raised a $5 million Series C round from Norwest Venture Partners (NVP). The VC firm previously invested $4 million and $2.5 million in the company in 2009 and 2010, respectively.

VC-backed Yatra bolts on Travelguru

Yatra, the Indian digital travel services operator backed by VC firms including Norwest Venture Partners (NVP), has acquired Travelguru, a hotel distribution network owned by online travel agency Travelocity.

India’s Komli raises $39m in Series D round

India-based Komli Media, a provider of online advertising solutions across mobile, video, social networks and search engines, has attracted $39 million in Series D funding from venture capital firms, in a move to expand its presence across Asia.

India’s Komli raises $39m from VCs in Series D round

Norwest Venture Partners has led a $39 million round of funding for Komli Media, India’s largest advertising-focused media technology company. Existing investors Nexus Venture Partners, Helion Venture Partners and Draper Fisher Jurvetson also participated,...

Warburg Pincus leads $32m round for Quikr

Warburg Pincus has led a $32 million investment round for India’s largest horizontal classifieds platform, Quikr. Existing venture backers Matrix Partners India and Norwest Venture Partners (NVP) also subscribed to the round.

PE-backed Ratnakar Bank targets IPO in 2014

Ratnakar Bank, a Kolhapur-based lender that received $157 million in private equity funding last year, plans to launch an IPO within two years. It is part of a wider transformation of Ratnakar into a nationwide operator providing end-to-end services.