Venture capital firm IDG Ventures India is raising its second India-focused fund worth $175 million, according to VCCircle.com on Reuters. IDG Ventures India is part of IDG Ventures, a global network of technology funds with more than $6 billion under management. Reuters – Venture capital firm IDG Ventures India is raising its second India-focused fund [...]
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Indian mobile advertising start-up Vserve has sealed a $3 million Series A round from IDG Ventures India. The company, a mobile advertising network focused on emerging markets, will use the money to expand its sales and engineering teams.