Norwest Venture Partners sets it sights on Israel with new appointment
Norwest Venture Partners, one of Silicon Valley’s leading VC firms, has brought in Dror Nahumi, a former executive from one of Israel’s largest telecoms, to lead the firm’s investments in Israeli start-ups.
Israel’s start-up scene, which relies almost entirely on business from outside the country, has… Continue Reading
Sulekha merges Facebook and Craigslist in India
A merger between Facebook and Craigslist may seem like a pipe dream — but in India it’s already happening. The web community Sulekha has quickly grown to become India’s largest user-generated content site with 6 million users, a number set to double this year. Social… Continue Reading
Indian social site Sulekha gets $10M from Norwest
Sulekha.com, one of India’s bigger social networking sites, has raised $10 million from a leading Silicon Valley venture firm, Norwest Venture Partners.
Sulekha provides Indians with 1) a networking component, meaning blogs and groups, and 2) an online marketplace for things like movies, events, travel and… Continue Reading