One97 Mobile corporate venturing fund backs Ciqual.
Ciqual, a UK-based provider of mobile broadband customer services, has raised an undisclosed amount from a consortium including India-based One97 Communications, which operates the One97 Mobile corporate venturing fund in association with venture capital (VC) firm SAIF.
The other consortium members are VC firm Tomorrow Ventures and Par Equity and state-backed Scottish Investment Bank.
Vijay Shekhar Sharma, chairman of One97 Communications, which was ranked last month as the third most influential corporate venturing group in services, said: ‘‘Mobile broadband and smart phone ecosystem requires whole customer experience to be built from bottom up."
Ciqual raised an undisclosed series B round in June last year after £1.25m in March 2009 from Par and the Scottish state.