Nokia Growth Partners invests in Web18

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October 2nd, 2009 Leave a comment Visited 135 times, 3 so far today

Nokia Growth Partners invests in Web18

Nokia Growth Partners has announced that they are investing around Rs. 48 crores in the Indian IT company Web18.

The two companies did not reveal more details of this investment deal.

Web18 did say that they would use these new funds to expand their network of web based services.

The company operates some of the most popular web services in India including tech2.com, moneycontrol.com, commoditiescontrol.com, ibnlive.com, in.com, cricketnext.com, poweryourtrade.com, biztech2.com, and jobstreet.com.

Nokia Growth Partners is the investment arm of the mobile phone giant Nokia.





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