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Private Equity | 5 September 2011

MotorExchange Raises $13Mn Series C Funding From Tiger Global

by Irfan Khan
 
@irfan

MotorExchange has raised $13 Mn in Series C funding led by @TigerGlobal and @Canaan_Partners. The funds will be used for brand building, expanding the network and increasing the headcount.

MotorExchange raised $5Mn from @Epiphany and Canaan Ventures in it's second round of funding in January'11. It had also raised series A funding from Canaan Partners in 2009.

Transaction Reference: Medianama


Regional Ad Venture-Amagi Raises Rs25Cr from Nadathur Holdings

Bangalore based Spot-Ad firm - Amagi has raised Rs25 Cr in it's third round of funding from Nadathur Group.

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Atishay Infotech To Go Public Through SME Platform

Mumbai based Atishay Infotech Limited has filed DRHP on BSE SME platform for the issue of 2.3 Mn equity shares at a price of INR 16 per unit aggregating to INR 37.1 Cr. The issue constitutes 26.41% of the paid up equity share capital of the company.

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