Sequoia Capital


FreeCharge, an online platform run by Accelyst Solutions pvt ltd. that lets users to  add money to their prepaid mobile phone plans or pay utility bills online easily and in turn earn coupons, has raised a $33 million Series B from returning investor Sequoia Capital, as well as Sofina, and RuNet. Freecharge has raised Rs 20Cr from Sequoia Capital earlier in 2012.

Money will be deployed primarily in marketing activities, new advertising platforms and acquisitions. FreeCharge plans to grow both organically and via acquiring companies. Recently they acquired 2 startups – WishBerg and Preburn. FreeCharge is Mumbai based … Read more

Freecharge raises $33M in series B round


Venture arm of American Express has made a strategic investment in bangalore based CRM company Capillary Technologies, its first investment in India. Its reported that investments its in the range of $4.5-5M.

Capillary, which builds technology that helps retailers understand customer purchase behaviour, will use the funds to expand services in markets such as the United States and Australia.

“Capillary has done a great job of creating a platform that helps retailers to capture and analyse data and then use insights to engage with shoppers across every sales and marketing channel,” said Harshul Sanghi, head of American Express Ventures—the

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AMEX makes strategic investments in Capillary technologies

Justdial 3

JustDial, India’s biggest local search engine has deferred its plan to go public and have gone ahead and raised Rs 327 Crore from SAP Ventures and existing investor Sequoia Capital which led this round with investment of Rs 305Cr, its largest investment in India.

Justdial promoters and employees owns 40% of equity in the company while rest 60% lies with investors which include Tiger Global, Saif partners

Founded in 1996 with an mere investment of Rs 50,000, Just Dial is India’s bestknown local search provider and considered as backbone in the SME segment.

Just Dial, which delivers services across … Read more

Justdial raises 327 Crores led by Sequoia Capital



In this  ”Walk the Talk with an Entrepreneur” session i am presenting to you an  interview with Pallav Pandey (pic below) COO & Cofounder of Knowlarity Communications, a cloud telephony company based out of India.

How did you come up with the idea for cloud based telephony solutions for Knowlarity communication

Small and medium size enterprises in India are the growth engine of Indian economy. Collectively they contribute $110 Billion of revenue with high growth rate and provide employment to 75% of workforce in India through the manifestation of the relentless entrepreneurial dreams. And, all these entrepreneurs run … Read more

Walk the Talk with Entrepreneur – Pallav Pandey of Knowlarity ...


PMP certification


Edusys, Test preparation and Certification company has raised $7.5M from Sequoia Capital. Edusys started in 2004 by Tridibesh Tripathy, an IIT-IIM and Wharton School graduate saw a massive opportunity in test preparation and certification space. Global market size of test preparation and certification is pegged to be be around $50B.

Edusys intends to use the funds to expand its business through new product introductions and to strengthen its core team and technology platform, it plans to double its workforce in a year.

Edusys has developed learning platform which is highly scalable and imparts virtual learning with great ease. … Read more

Sequoia Capital invests $7.5M in Edusys