VCCircle

Exclusive: Guruji.com, an Indian local search firm, is believed to have landed Series B funding from Sandstone Capital, a Boston based venture capital firm, VC Circle has learnt. The investment, according to industry sources, is a little lower than $10 million. An email to Guruji's Co-Founder and CEO Anurag Dod to confirm the deal has not seen a response yet.
Guruji was seed-funded by Sequoia Capital India, besides a small personal investment from Suvir Sujan, a former co-founder of Baazee.com and now managing director of venture fund Nexus Capital India. In December last year, Sequoia had announced a funding commitment of $7 million in Guruji. It's not known how much money has Sequoia finally put in the company.
Sandstone Capital is a leading US-based, India-dedicated investment fund. The fund manages capital for US and European universities, foundations and families. Sandstone had led a $20 million round in optical networking company Tejas Networks last year.
Now the local information companies that have secured series B funding include AskLaila or Four Interactive (it raised $10 million in series B from Lightspeed Venture Partners, Silicon Valley Bank and the existing investor Matrix Partners India) and JustDial (which secured $8-10 million in series A funding from SAIF Partners, after which it raked in another $15 million from US-based Tiger Fund.)