desilva+phillips

Venture Capital

LINUS Capital Invests In Indian Social Networking Site

  • Posted by Sahad PV
  • Wed 03 May 2006 08:05 AM PST

An Indian social networking site for cricket fans - Sixer - has received an undisclosed amount of investment from LINUS Capital, a boutique investment and advisory firm based in the San Francisco Bay Area. The Hyderabad-based website, currently in beta, is expected to be launched before the ICC Champions Trophy 2006 games.
In a statement issued by LINUS Capital, Sunny Burra, Managing Director, said, -€œI am excited to invest in India’s first social networking start-up.-€ (Ed: I am not sure if it’s the first social networking site. Fropper is one, although focused on NRIs).
Sudheer Kumar, General Manager of ‘Sixer’, a Hyderabad based firm, says, “Our site will be an online hub for cricket fans with user-generated content, where a user can create content, share his profile and connect with others who love the game.-€ [Via Release]

Trackback URL for this entry: Trackbacks are disabled for this entry

No Responses to “LINUS Capital Invests In Indian Social Networking Site.”

Read through the comments and add yours at the end.

Post Your Comment


  • MIP TV Content 360
  • MipTV

This work is licensed under a CreativeCommons License. Copyright ContentNext Media Inc. 2002-2006.