ETechies.in Raises $2 Mn From Inventus Capital
Gurgaon based LemonLearn eServices Pvt Ltd which runs online PC repair and sales services - eTechies.in has raised series A funding of $2 Mn from Inventus Capital Partners.
As a part of the transaction, John Dougery and Parag Dhol of Inventus Capital will join the board of eTechies
The funds raised will be used for expansion, invest in technology and to hire talent.
Founded in 2010, LemonLearn was promoted by Rohit Chaudhary, Siddharth Bhatia and Samarth Goyal. It provides technology support/repair services for digital service equipments of small and medium enterprises in India.
ETechies is a Door-step/Online PC & MAC technical support/ repair service dedicated to resolving all the Consumers and Small Business technology challenges.
The company raised angle funding from Rajan Anandan (Head- Google India).
Currently it has 100 employees and provides on-call service across Delhi, Gurgaon and Noida. LemonLearn aims to be physically present in top 6 cities across India by 2013.
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
|---|---|---|---|---|
| 18/01/12 | LemonLearn eServices ( eTechies.in) - Inventus Capital Partners | Venture Capital | Inventus Capital Partners | 2.00 |
| Date | Type | Buyer | Target | Size ($mn) | State |
|---|---|---|---|---|---|
| 21/05/12 | M&A | Bright Lifecare Private Limited | Madeinhealth.com | - | Completed |
| 21/05/12 | Venture Capital | Blume Ventures | Serendipity Infolabs Private Limited | - | Completed |
| 17/05/12 | M&A | Carzonrent India Private Limited | QCABS | - | Announced |
| 17/05/12 | M&A | Trivone Digital Services Private Limited | Chakpak Media Private Limited | - | Completed |
Fund |
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| Name | Corpus | Target Sector | Website | KeyContact |
|---|---|---|---|---|
| Inventus Capital Partners | Media IT/ITES/Technology Telecom |
http://www.inventuscap.com/ | Parag DholSamir KumarKanwal RekhiJohn Dougery | |
Company |
||||
| Name | Promoters | Office | Competitor | Website |
|---|---|---|---|---|
| LemonLearn eServices Private Limited | Rohit Chaudhary Siddharth Bhatia |
Siddharth Bhatia, BB Block, 11/F Janakpuri, | www.lemonlearn.com | |
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