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Thursday, March 25, 2010 - 05:30 IST
Reliance Venture, KPCB & Sherpalo Invest In Reverse Logistics
BY Sarimul Islam Choudhury
The deal for the Reliance Venture Asset Management is in line with its recently announced diversified sectoral focus.
Reliance Venture Asset Management, Kleiner Perkins Caufield & Byers (KPCB) and Sherpalo Ventures have made an investment in Reverse Logistics Co, a company providing reverse supply chain solutions. The Bangalore-based firm has earlier raised funding from Mumbai Angels.
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