Sequoia Capital, SAP Ventures invest Rs. 327 crore in Just Dial #DeeptiChaudhary @livemint @Just_Dial @resilient_ent #VentureCapital #Mumbai

Mumbai: Venture capital investors Sequoia Capital and SAP Ventures invested Rs. 327 crore in Mumbai-based listings provider Just Dial Ltd, the largest investment by VCs in any Indian company till date. 

This is the fifth time that Just Dial has raised money since its inception in 1996. Sequoia has invested Rs. 305 crore in the latest round while SAP Ventures put in Rs. 22 crore. This is Sequoia Capital’s third investment in Just Dial In August last year, Just Dial filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for its initial public offering or IPO, looking to raise Rs. 360 crore and was supposed to go public this month. . 

READ MORE AS YOU ENTER THE WORLDS OF #DeeptiChaudhary @livemint @Just_Dial #Mumbai Benny quetell resilient media entertainment @resilient_ent venture capital

RESILIENT MEDIA ENTERTAINMENT

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