Category Archives: VC

Venture Capital in India

Sulekha gets funding from Norwest Venture Partners

Sulekha.Com an online community for Indians worldwide received $10 Million in funding from Norwest Venture Partners according to NVP. NVP’s managing partner Pramod Haque will join Sulekha’s board of directors.Sulekha is mainly into classifieds, blogs and yellow pages. Sulekha’s blogs and classifieds are mostly popular outside India.

Nikhil Pahwa over at ContentSutra writes,

I never found Sulekha very usable (what with all the popups they had and the banners they still do), but they do have a dedicated userbase.

I have had very bad experience with Sulekha’s Applet based advertising. As a user I had no control or access to features like in AdSense. All I had to do was insert the script and believe in what Sulekha said and displayed. The whole feature looked to me more like a high-school assignment and e-mails sent to Dinesh and Jaikumar went unanswered. Maybe they don’t care for small customers.

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