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Indian Online Social Network Sulekha.com Gets $10 Million Investment

Authored by Mark Hefflinger on November 1, 2006 - 3:23pm.
Palo Alto, Calif. - Norwest Venture Partners, a venture capital firm based in Palo Alto, Calif., said on Wednesday that it has invested $10 million Sulekha.com, India's largest social networking site.

It was the company's first institutional round of funding. The company runs various blogs, groups and networking services, as well as local commerce sites, in 25 cities worldwide, including eight in India. NVP currently manages more than $2.5 billion in venture capital.

Related Links:
http://www.nvp.com/news/nvppressDrill.aspx?prID=139
http://www.sulekha.com
tags: Deals | Internet | VC | Blogs | Social Networking | India | Web 2.0 | Norwest Venture Partners | Sulekha.com |

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