It was set up in mid-2014.
Julian Persaud, who currently heads the region, is reportedly moving to Airbnb.
Simplotel is the first investment from the new fund formed by the firm.
KARSEMVEN was launched in 2014 with a corpus of Rs 96.15 crore.
IIF recently invested in US-incorporated and Hyderabad-based startup AppVirality.
E-com firms are not valued on the basis of their 'net revenues' Suresh. It's more a function of actual value of...
"This values the company at around $350 million, less than what it could have been valued at given its net revenues...
Sigh! 32 Million of tax payer's money...
no doubt now that india is going to fail in entrepreneurship also