Printo Receives $6.25 million In Funding From Sequoia Capital

Entities Mentioned

• Microsoft
• Rediff
• ICICI Bank
• Infosys
• Hewlett Packard
• Pravin Gandhi
• Sridar Iyengar
• Sequoia Capital
• TiE

1. This just in: Printo Document Services has received a second round of funding of Rs. 250 million (around $6.25 million) from Sequoia Capital to help fund its national expansion. Printo has charted out a national expansion plan that they expect will cost them around Rs. 1000 million (around $25 million). Printo had earlier received funding from Seed Fund and "has individuals like Pravin Gandhi (co-founder, Hinditron and SeedFund), Sridar Iyengar (Director, ICICI, Infosys and Rediff.com) and Raju Venkatraman (President & COO, ICICI OneSource) as advisors and investors."
   
   
   Besides regular print services, Printo allows ... (Read Full Article)
   
   

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