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IDG Ventures India, a $150 million early-stage technology venture capital fund, on Wednesday announced its investment of $3 million in Aujas Networks, a pure-play digital security services start-up. IDG Ventures India, a $150 million early-stage technology venture capital fund, on Wednesday announced its investment of $3 million in Aujas Networks, a pure-play digital security services start-up. |
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Launch of an IT company is nothing new to the Silicon Valley of India given the huge chunk of players operating in this part of the earth. But what differentiates the launch of Aujas Networks is that this is the seventh company in India that IDG Ventures India, the Indian arm of IDG Ventures, has made investment in - three million dollar. It is also the second investment of the fund in the information security space, a market which is worth $17 billion dollars. |
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IDG Ventures India, a $150 million early-stage technology venture capital fund, on Wednesday announced its investment of $3 million in Aujas Networks Private Limited, a pure play digital security service start up. |
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