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August 04, 2013

Deal Alert: Sequoia invests Rs.3.22 Cr in online accounting services firm Reach Accountant

Sequoia Capital India has invested Rs.3.22 crores in Chennai-based online accounting services firm Reach Accountant. The company issues 10 equity shares and 6,143 preference shares of face value Rs.10 at a price of Rs.5,230.31 each to Sequoia Capital India Investment Holdings III, regulatory filings reveal  

From the Venture Intelligence Angel Investments database: In Feb 2012, Reach Accountant had raised funding from Rajan Anandan and Rehan yar Khan. 

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