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

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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. 

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

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