The Economic Times: Indian dotcom business have attracted about $75 million in VC money in the last one year. Eight Indian internet ventures got funding to the tune of $75 million from VC funds like Kleiner Perkins and WrstBridge Capital Partners. That’s a big amount considering there hadn’t been any VC deal worth talking about in the Internet space from 2001-2005.
THE DOTCOM STAKES
24×7 Learning ($10 million) – KITVEN & 2 Private investors
Yatra Online ($5 million) – Reliance Capital, Norwest VC, TV18
Cleartrip.com ($3 million) – KPCB, Sherpalo
Travelguru ($10 million) – WestBridge Capital
Naukri.com ($10 million) – KPCB, Sherpalo
Shaadi ($8 million) – WestBridge
Jobstreet ($2 million) – TV18
Times Internet ($7 million) – WestBridge
Makemytrip ($10 million) – SAIF Capital Partners
(Source: ET; market estimates)
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