Norwest Venture Partners
VC-backed Komli Media bolts on Admax
Komli Media, the Indian media technology company backed by Norwest Venture Partners, has completed the bolt-on acquisition of digital media network.Admax.
NVP channels $15m into Manthan Systems
Norwest Venture Partners (NVP) has led a $15 million Series C funding round for Indian business intelligence and analytics solutions provider Manthan Systems.
Norwest and Intel lead $40m Fashionandyou.com round
Norwest Venture Partners (NVP) and Intel Capital have led a $40 million funding round in Smile Group Venture and Goldsquare Sales India, the owners of Fashionandyou.com.
NVP India broadens focus to include into seed, late-stage deals
Norwest Venture Partners (NVP) India is expanding its investment strategy to include seed and late-stage transactions, having previously focused on venture and growth deals. The firm is also broadening its sector coverage to include healthcare, education...
Group-buying sites remain a VC risk
Group-buying websites in China is the trend that keeps on growing. In the last 18 months, an estimated 3,600 participants entered the market. Industry sources say 10% of those have received capital from outside sources – much of it from domestic and overseas...
VC-backed Lashou prepares for US IPO - report
China's top group-buying website Lashou.com is planning an IPO in the US, Bloomberg reported, adding that the company is looking for deal advisers to replace Morgan Stanley and Goldman Sachs, which are already underwriting the listing of US rival Groupon....
Yatra gets $45m of new funding
Digital travel services firm Yatra.com has received INR200 crore ($45.2 million) in a growth-financing tranche led by Valiant Capital and included participating from existing investors including Norwest Venture Partners and Intel Capital.
iProf gets Series A venture backing
iProf Learning Solutions – a company that manufactures an education tablet device - has received a first-time investment round from venture firms Norwest Venture Partners and IDG Ventures India, taking in $4.9 million to expand its e-learning centers...
Lashou ups ante for group-buying niche
Chinese group-purchasing website Lashou.com received $110 million in a Series C financing round, bringing its total funding raised by VC to $166 million – the most capital any group-purchasing company in China has received, Lashou claims, coming as competition...
Lashou gets VC dollars as PRC group-buying sector heats up
Chinese group-purchasing website Lashou.com has received $110 million in a Series C financing round led by Milestone Capital, and included participation from Richemont’s affiliates Reinet Fund SCA FIS, Remgro Limited and previous investors GSR Ventures,...
Komli Media gets $15m from existing investors
Norwest Venture Partners has led a $15 million round of funding in Mumbai-based digital media network Komli Media, with existing investor Helion Venture Partners also participating in the financing.
Lashou completes second financing from VC firms
Lashou.com, a Chinese website selling discount items for group purchase, has raised $50 million in second-round funding from investors including US venture firms Tenaya Venture, Norwest Venture Partners, China’s GSR Ventures and Rebate Network, a US venture...
Norwest Venture Partners promotes Timothy Chang to Partner
Norwest Venture Partners (NVP), the US venture capital firm, has promoted Timothy Chang, its China and Asia Pacific head, from principal to partner, after he spent nearly four years at the firm.
Norwest, Xander Group take stake in Sadbhav Infrastructure
PE players Norwest Venture Partners and The Xander Group have taken a more than 22% stake in road- and highway-development focused Sadbhav Infrastructure Project Ltd., forking over INR200 crore ($42.7 million) apiece for their control.
IFC leads $7 million financing round in Suvidhaa Infoserve
The World Bank’s International Finance Corporation (IFC) has led a $7 million round of funding into Suvidhaa Infoserve, with existing investors Norwest Venture Partners and Reliance Venture Asset Management also reportedly contributing to the financing....
Norwest leads $7.2 million fundraising round for Perfint Healthcare
Norwest Venture Partners has led a $7.2 million Series B fundraising round for Indian medical equipment developer Perfint Healthcare Pvt Ltd. with Perfint’s existing investors Accel Partners and IDG Ventures also participating in the financing.
Norwest, Matrix invest Quikr
Norwest Venture Partners and Matrix Partners India have led a $6 million third investment round into leading Indian online classified ads portal Quikr.com, in partnership with Omidyar Network and eBay Inc.
The mill wheels churn
Two big investments in one week follow two major trade sales in the previous week.
Asian Genco power win sets no precedent
The $425 million significant minority investment into Singapore-headquartered Indian power generation infrastructure group Asian Genco by a consortium of investors led by Morgan Stanley Infrastructure Partners has been hailed as a first for the sector....
Asian Genco power deal for GA, Goldman, Everstone, Morgan Stanley, Norwest
Singapore-headquartered Indian power generation infrastructure group Asian Genco has received $425 million from a consortium of investors led by Morgan Stanley Infrastructure Partners, including General Atlantic, Goldman Sachs, Everstone Capital, and...
Fundraising shows signs of life – but not as we know it?
Fundraising seems to be showing life at last, but in some unfamiliar forms.