What Company Is Offering:
Consim Info Pvt. Ltd is India's leading Internet Company. The company, established in 1997, has developed expertise and successful business models to provide an array of world-class services including Matrimony, Property, Automobile, Jobs, Listings and SMS services. With over 15 million users worldwide, the group has established itself as an undisputed leader in the Indian Internet space.
How Much They Got From VCs:
Consim Info Pvt. Ltd, formerly known as BharatMatrimony Group, today announced that it has closed its second round of investment of USD $ 11.75 million led by Mayfield Fund and participation from existing investors, Yahoo! and Canaan Partners. Veda Corporate advisor acted as the strategic advisor for the transaction. The company had earlier raised an initial funding of USD $ 8.65 million in 2006 from Yahoo! and Canaan Partners.
About VCs:
Over the past 38 years, Mayfield Fund has been at the forefront of investing in emerging businesses that have grown into industry leaders. Mayfield Fund invests in the U.S., China and India and currently has $2.7 billion under management. It has invested in over 480 companies of which 105 have had initial public offerings and another 160 have been acquired. Some of Mayfield past impact investments include Compaq, Amgen, SGI, 3COM, Sandisk, Citrix, Cypress Semiconductor, Intuitive Surgical, Web Methods, Tibco, 3PAR and LSI Logic.
More at:http://www.consim.com/
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