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    1. Sequoia Capital Leads Second-Round Funding In India's Content Startup Verse Innovation

      Sequoia Capital Leads Second-Round Funding In India's Content Startup Verse Innovation

      Silicon Valley venture fund Sequoia Capital's Indian unit has invested 1 billion rupees ($16.4 million) in Verse Innovation, a Bangalore-based startup that offers local-language news and e-books on mobile phones. Previous investors, who also participated in the current round, include Matrix Management Corp.’s Indian unit, Matrix Partners India, which invests in early- and growth-stage consumer ...

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    2. FreeCharge Rewards-For-Recharge Startup Raises $33M From Sequoia, Sofina And ru-Net

      FreeCharge Rewards-For-Recharge Startup Raises $33M From Sequoia, Sofina And ru-Net

      FreeCharge , a unit of India’s Accelyst Solutions, which offers discount coupons as rewards for topping up mobile-phone plans and satellite-television subscriptions, has raised $33 million in its second round of venture capital funding. The money will be spent on ironing out bugs in the service and ramping up its marketing campaign.

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