This is breaking news. Just a few days after WestBridge Capital Partners (and Intel and Sequoia Capital) invested $10 million in Mauj Telecom, the Bangalore-based venture fund has announced an investment of $8 million in Shaadi.com. Both Mauj and Shaadi belong to the People Group, owned by Anupam Mittal.
Sandeep Singhal, Managing Director and Sumir Chadha, Senior Managing Director of WestBridge will join the board of People Interactive Pvt. Ltd, as a part of this deal. Anupam Mittal, Chairman and Managing Director, People Group, said, -