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Deal Alert: Mobile payments co. PayMate raises $9-M Second Round led by Mayfield Fund

Posted on June 10, 2008

Mumbai-based mobile payments company, PayMate India Pvt. Ltd., today announced the closure of its second round of investment of US$9 million led by Mayfield Fund with participation from existing investors, Kleiner Perkins Caufield & Buyers and Sherpalo Ventures. Nikhil Khattau, Managing Director of Mayfield Advisors, will join the Board of PayMate. The two year old PayMate operates in the arena...

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india