Last month, news provider VCCircle said the deal valued the company at $100m.

India-based document imaging services provider Newgen Software Technologies has raised a reported $15.5m from corporate venturing unit IDG Ventures and venture capital firm Ascent Capital.

Last month, news provider VCCircle said the deal valued the company at $100m. 

Sudhir Sethi, founder, chairman and managing director at IDG Ventures India, said: “We are extremely excited to partner with Newgen, which is a global software product leader and a role for budding Indian product startups. Enterprise software is a key area of…