Matexnet Eyes VC Funding Of $4 Mln to $5 Mln, Plans IPO Soon

Business-to-business online auction company MatexNet India is hoping to get $4 million to $5 million worth of venture capital funding citing infrastructure needs as the reason and is also considering an initial public offering in one-and-a-half years. [via Telegraph]

According to the Telegraph, MatexNet has two main functions

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