Bertelsmann is making another investment in an Indian digital company: The international media, services and education group acquires a stake in Roposo, a mobile first social network focused on fashion.
The international media, services and education company recently joined other investors in a $100 million financing round for Saavn, India’s leading music streaming service.
The international media, services, and education company is investing a two-digit million sum in Pepperfry.com, as part of a financing round.
iNurture Education Solutions, one of India’s leading providers of higher education services, has raised INR 300 million in a fresh round of funding by Bertelsmann India Investments (BII).
Bertelsmann India Investments (BII) invests a multi-million-dollar amount in Digital Nirvana Fund Co. Ltd., the offshore fund advised by Nirvana Venture Advisors.
Pepperfry’s current investors, Silicon Valley based Norwest Venture Partners (NVP) also participated in this round.
Bertelsmann invests in one of India’s leading classified real estate portals IndiaProperty.com together with the existing investors Canaan Partners and Mayfield Fund.