Financial Daily from THE HINDU group of publications
Tuesday, Aug 03, 2004
Financial Daily from THE HINDU group of publications Tuesday, Aug 03, 2004 |
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Info-Tech
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Venture Capital Innvo raises funds Our Bureau
BANGALORE: Innvo Systems Pte Ltd (Innvo), a Singapore-based high tech start-up with development presence in Bangalore, has announced that it has closed a second round of funding totalling over Rs 13 crore from global venture capitalist Walden International, and two other existing investors Enspire Technology Pte Ltd and TIF Ventures Pte Ltd. Innvo provides embedded software solutions that enable multimedia messaging services (MMS), WAP browsing and Java gaming on mobile handsets. Innvoplans to use the funds to expand its operations in Singapore, India and China, said a company press release.
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