Thursday, April 3, 2008

Investments by Clearstone in India

Source: http://www.livemint.com/2008/03/05000157/Clearstone-to-expand-investmen.html

  • Clearstone co-invested Rs25 crore in Elbee Express Pvt. Ltd, an express delivery firm.
  • Clearstone had invested about $5 million in Games2win India Pvt. Ltd, along with SVB Financial Group
  • It had also invested $ 8.5 million in Digibee Microsystems, a mobile handset designing firm, along with Sidbi Venture Capital Ltd.
  • Clearstone’s first invest in India was in June 2006, along with the State Bank of India. They had invested $7.5 million in BillDesk, a payments service provider.

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Mukul Singhal