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December 18, 2012

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


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

Investors in Fab.com 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 Fab.com had acquired True Sparrow Systems.

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