Japan-based conglomerate Mitsui invested $12m in India-based services commerce company Suvidhaa Infoserve on Tuesday, bringing Suvidhaa’s total funding to $25m since it was founded in 2007.
Mitsui’s series C investment follows a $7m series B round, in August 2010, led by the International Finance Corporation, the investment unit belonging to the World Bank, and participated in by investment firm Norwest Venture Partners and venture capital firm Reliance Venture Asset Management.
Norwest and Reliance previously contributed to Suvidhaa’s series A round…
