Tech Company Financing Transactions
Sulekha Funding Round
Sulekha, operating out of Hyderabad, raised $10 million from Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
11/22/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Norwest Venture Partners (Promod Haque)
Proceeds Purpose
Sulekha.com plans to use the new capital to extend business development and marketing, primarily through alliances, and expand its service offerings into new vertical markets.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Maruthi Plaza Beside Shadan Pharmacy College Khairathabad 6-2-981
Hyderabad, 500 004
India
Hyderabad, 500 004
India
Phone
Website
Email Address
Overview
Sulekha.com is the leading online community and networking hub for Indians worldwide, uniquely integrating social media with local commerce. Sulekha.com connects Indians worldwide through a portfolio of industry-leading blogs, social networking, classifieds, events and yellow pages services in 25 cities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Param Parameswaran
Chief Executive Officer
Satya Prabhakar
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We report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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