Tech Company Financing Transactions

Obopay Funding Round

Obopay, operating out of Bangalore, secured $29 million in funding from Richmond Global Cellular, AllianceBernstein and Citibank.

Transaction Overview

Company Name
Announced On
7/12/2007
Transaction Type
Venture Equity
Amount
$29,000,000
Round
Series C
Investors
Proceeds Purpose
Obopay will use these funds to reach additional consumers and potential partners who are seeking to avail of the convenience, security and ease of use Obopay's market-leading mobile payment services.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Old Airport Rd. Tower C 6th floor Diamond District 150
Bangalore, 560008
India
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
Obopay LinkedIn Company Profile
Social Media
Obopay Company Twitter Account
Company News
Obopay News
Facebook
Obopay on Facebook
YouTube
Obopay on YouTube

Management Team

Title
Name
Email & Social
Chairman
D Padmanabhan
  D Padmanabhan LinkedIn Profile  D Padmanabhan Twitter Account  D Padmanabhan News  D Padmanabhan on Facebook
Chief Executive Officer
Shailendra Naidu
  Shailendra Naidu LinkedIn Profile  Shailendra Naidu Twitter Account  Shailendra Naidu News  Shailendra Naidu on Facebook
Chief Technical Officer
Raghvendra Verma
  Raghvendra Verma LinkedIn Profile  Raghvendra Verma Twitter Account  Raghvendra Verma News  Raghvendra Verma on Facebook


 

 

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Prev: 7/12/2007: adap.tv venture capital transaction
Next: 7/12/2007: InfraTrac venture capital transaction

 

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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.

 


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