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December 18, 2012

Deal Alert: Times Internet invests in design-focused e-tailer

Times Internet has made a “7-figure” investment in New York-based e-commerce company As part of this investment, Fab will work with Times Internet to explore and execute its India market strategy. 

Investors in include A Grade Investment, Andreessen Horowitz, Atomico, Baroda Ventures, Cinco Capital, Docomo, First Round Capital, Mayfield Fund, Menlo Ventures, Pinnacle Ventures, Phenomen VC, RTP Ventures, SoftTech VC, SV Angel, VTB Capital, The Washington Post Company and Zelkova Ventures. 

From the Venture Intelligence M&A Deal database: In Nov-12 had acquired True Sparrow Systems.

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