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Ascent Capital, IDG Ventures pick stake in Newgen; Headland exits with 2x

By Bhawna Gupta

  • 09 Jan 2014
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Ascent Capital, IDG Ventures pick stake in Newgen; Headland exits with 2x

Ascent Capital and IDG Ventures have acquired a minority stake in Delhi-based document imaging solutions provider Newgen Software Technologies in a deal which also marks an exit for Headland Capital on its six-year-old investment, sources privy to the development told VCCircle.The transaction has a mix of primary and secondary components ......

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