Tech Company Financing Transactions
Obopay Funding Round
Obopay closed a $20 million Series D funding round on 4/21/2008. Investors included AllianceBernstein, Citibank and ONSET Ventures.
Transaction Overview
Company Name
Announced On
4/21/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series D
Investors
AllianceBernstein (Jamie Kiggen)
Redpoint Ventures (Allen Beasley)
Proceeds Purpose
"This round of investment builds on Obopay's proven success in the mobile payments market," explained Carol Realini, CEO of Obopay.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Old Airport Rd. Tower C 6th floor Diamond District 150
Bangalore, 560008
India
Bangalore, 560008
India
Phone
Website
Email Address
Overview
With Obopay you can instantly pay back a friend, split a dinner bill, get money from your parents, get quick cash, pay up or collect on a friendly wager, track purchases, check your balance, and much, much more. And, you can do it all from your phone; anywhere, anytime with anyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
D Padmanabhan
Chief Executive Officer
Shailendra Naidu
Chief Technical Officer
Raghvendra Verma
Browse more venture capital transactions:
Prev: 4/18/2008: GameLogic venture capital transaction
Next: 4/21/2008: eSolar venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs