Update: ValueFirst is listed in NEAs portfolio of companies, as a current investment. You're reading it here first: MediaNama has learned from reliable sources that Mobile VAS company ValueFirst has raised around $5 Million from New Enterprise Associates (NEA). ValueFirst is primarily an enterprise mobility company which had entered the direct-to-consumer space earlier this year with the launch of SMSMEON services via their subsidiary SpotOn Media. They're best known for their SMS related enterprise services. ValueFirst sources have confirmed that NEA has invested in the company, but not the amount of investment. We've contacted CEO Vishwadeep Bajaj for more details. In October, Bajaj had told MediaNama that the company was a couple of weeks from announcing a round of between $5-8 Million of investment. Bajaj claimed revenues of $10 million for Valuefirst last fiscal, and said the company has targets of $25 million this…
- PrivacyNama Session: Chief Privacy Officer Roundtable; October 7 October 1, 2022
- Delhi police deploys drones to monitor anti-CAA protest centre Shaheen Bagh October 1, 2022
- India’s Department of Telecommunications (DoT) orders ISPs to Block 67 Porn Websites October 1, 2022
- AI Law and Policy Diploma Course (CCG-NLUD) 2022 #Ad October 1, 2022
- RBI’s card storage rules kick in today, but is the payments ecosystem ready in India? October 1, 2022
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