Sherpalo Ventures


Inmobi has raised $8m venture capital from existing VCs – KPCB and Sherpalo Ventures. Inmobi is a bangalore based mobile Ad network which serves nearly 17billion ad impression per month globally.

InMobi offers advertisers, developers, and publishers a dependable global mobile advertising platform other InMobi has invested in building a highly scalable, mobile customer discovery ad network leveraging its unique analytics engine AdROItTM to optimize ad serving in real time.

Interestingly there was a strong buzz in the market that Yahoo and Apple had shown interest in acquiring inmobi but it didnt materialize.

Inmobi was founded in 2007 by Naveen … Read more

Inmobi raises money from existing investors

Reliance Venture Asset Management India’s first and largest corporate venture capital firm and an arm of the Reliance ADA Group, today announced that it has successfully completed the first round of venture funding in Reverse Logistics Co, a technology enabled end-to-end reverse supply chain solutions company. ┬áKleiner Perkins Caufield & Byers and Sherpalo are co-investors in this round of funding in Reverse Logistics Co. along with Reliance Venture Asset Management.

Reverse Logistics provides a one stop, technology enabled, comprehensive reverse logistics solutions for the Indian market. Reverse Logistics Co. understands that the power of reverse logistics is in data and … Read more

Reliance Venture invests in Reverse Logistics