UK-based global technology investor Amadeus Capital is betting on marketplaces, EdTech, FinTech and product-based SaaS (software as a service) companies in India. Amadeus recently announced its first direct investment in the country, in maketplace IndiaMart. India investments will be made from th…
Tag: IndiaMART
IndiaMART raises series-c funding to help Indian MSMEs
IndiaMART announced fund raises by Amadeus Capital with participation from Westbridge Capital, the Accion Frontier Inclusion Fund, managed by Quona Capital in addition to Intel Capital, the existing investor in the Company. India’s largest online marketplace will use the funds raised to further s…
OfBusiness racks up $5m series A round
OfBusiness, a three-month-old online marketplace for business-to-business (B2B) commerce, has raised $5 million in its first round of funding led by Matrix Partners India. The fund-raising comes at a time when the size of series A cheques is shrinking after the highs of last year. Ola’s Co-…