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Nadir Godrej Invests In LocalCircles

By : Vivek Singh | 18 March 2013
Industry : Technology
Category : Venture Capital

Nadir Godrej has invested an undisclosed amount in LocalCircles, a community-based local social network.

Besides Nadir Godrej, RC Bhargava of Maruti Suzuki has also joined the company as member of the advisory board.

Founded by 2012 by Sachin Taparia, Mukesh Gupta, LocalCircles is a local social network for daily life, allows citizens to connect with all of their local communities (neighbors, colleagues, parents/teachers, local friends/family and common interest locals) in one place, easily find credible local information (finding a trusted pediatrician, a or how to get their child admitted to a particular school) and seek emergency assistance from their local communities.

LocalCircles enables people to strengthen their association with the local communities they live, work, or associate with.

Recently, Online Social Platform for Women – LimeRoad.com rasied $5 Mn first round of funding from Matrix Partners and Lightspeed Ventures Partners; Accentium Web acquired SitaGita Com Limited, which operates women community portal sitagita.com.

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KVEZAR VIEW

  DEAL TRACKER FOR
DateTransactionTypeBuyerSize ($mn)
2013-03-18  LocalCircles - Nadir Godrej Venture Capital  Nadir Godrej
 
 
  Recent Transactions In The Sector
DateTypeBuyerTargetSize ($mn)State
17/06/2013   Venture Capital   Malik Radix Healthcare   Oneup Ventures Private Limited   0.10   Completed  
13/06/2013   Venture Capital   Delivery Hero   Trinket Info Services Private Limited   5.00   Completed  
04/06/2013   Venture Capital   Nexus India Capital   Housing.co.in   0.04   Completed  
30/05/2013   Venture Capital   Inventus Capital Partners   eDreams Edusoft Private Limited   2.00   Completed  
 
  Profiles

Company

NamePromotersOfficeCompetitorWebsite
LocalCircles India Private Limited  Sachin Taparia
Mukesh Gupta  
Plot No.262, 1st Floor, ITDC, Five Senses Road, Saidulajab, M.B. Road     www.localcircles.com
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