IMImobile Raises $13 Million From Sequoia Capital, Others
MUMBAI -(Dow Jones)- India's IMImobile Pvt. Ltd., a provider of content and
technology to mobile-service and media companies, said Thursday it raised $13
million from a group of investors led by Sequoia Capital and First Mark Capital.
The funds will help the company develop an online infrastructure for top
telecom operators and expand its customer base through acquisitions, Chief
Executive Vishwanath Alluri said in a statement.
First Mark is an existing investor in the company.
-By John Satish Kumar; Dow Jones Newswires; +91-22-61456118; john.kumar@
dowjones.com
(END) Dow Jones Newswires
11-12-090658ET
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