DFJ's India foray gains momentum

Mint reported that the Menlo Park, California-based venture capital (VC) firm Draper Fisher Jurvetson (DFJ) has closed two deals here worth $4 million (Rs15.72 crore) in the mobile and Internet sectors, currently the flavour with VC investors in India.

Deals struck by DFJ in India:
Company/ Sector /Coinvestor (year)

1. Reva/ Electric car
Global Environment Fund (2006)

2. Seventymm (2nd round)/ Online DVD rental
Matrix leading (2007)

3. LiveMedia/ Digital signage
Angels (2007)

4. Undisclosed/ SMS advertising platform
NEA Indo US (2007)

5. Undisclosed/ IT-enabled retail for photography market
Footprint Ventures (2007)

6. Seventymm (1st round)/ Online DVD rental
DFJ leading (2005)

7. Vegayan*/ Communication infrastructure
Not applicable (2006)

8. mChek/ Mobile payments/ Angels (2007)**
Komli Media/ Digital advertising/ Helion Venture Partners (2007)**

*Business plan competition winner Source: Company data
**Investment undisclosed