Processing .....please wait.. 
The article has been forwarded.... 
Helion Venture Partners announces closing of India fund
By
SiliconIndia,Wednesday, 12 March 2008, 06:37 Hrs
Bangalore: Helion Venture Partners, an India-focused venture fund, closed its second fund worth $210 million.
In its statement said that with the current funding, the total funds raised by Helion for investing in companies has gone up from $140 million to $350 million.
Helion said that it would also focus on companies providing consumer services in India. This would include high-potential companies in sectors such as retail, education and financial services.
"What is heartening is the fact that while all the original investors have invested again in Helion's second fund, the fund has also attracted new high quality investors from the U.S., Europe and Asia. This reflects growing global investors' confidence in both Helion and the India growth story," said Sanjeev Aggarwal, Managing Director, Helion Venture Partners.
Incorporated in 2006, Helion has invested in 11 companies ? JiGrahak, makemytrip.com, UnitedLex, Gridstone, Anantara, Zmanda, Kirusa, Komli, Hurix, Amba Research and Mindworks Global Media Service.
In its statement said that with the current funding, the total funds raised by Helion for investing in companies has gone up from $140 million to $350 million.
Helion said that it would also focus on companies providing consumer services in India. This would include high-potential companies in sectors such as retail, education and financial services.
"What is heartening is the fact that while all the original investors have invested again in Helion's second fund, the fund has also attracted new high quality investors from the U.S., Europe and Asia. This reflects growing global investors' confidence in both Helion and the India growth story," said Sanjeev Aggarwal, Managing Director, Helion Venture Partners.
Incorporated in 2006, Helion has invested in 11 companies ? JiGrahak, makemytrip.com, UnitedLex, Gridstone, Anantara, Zmanda, Kirusa, Komli, Hurix, Amba Research and Mindworks Global Media Service.
Don't Miss
Write your comment now
|
Submit your news/press release
Let our editorial department know about any news about your company, your
organization, or yourself, or any press release that you have. If we find it suitable for our audience, we will contact you and make a news. Please
also share any links for the news.
Beautiful and dress selection, please go to Dresses
| Plan on visiting the Lotus Temple? Get Great Deals on Delhi Hotels ! |
Buy India Wholesale Products on DHgate.com
SPOTLIGHT
RBI has predicted yet another recession to hit the global economy this year, and the dark clouds c..
|
|
|
|
|
