
Allindia.com
The Telegraph - 09 May, 2000
Allindia.com, promoted by the
Calcutta-based Vedika Software, has privately placed five per cent of its equity with the
Singapore based Kawamin Pacific Pte Ltd. at a consideration of around Rs 3 crore. The
company is also talking to three US-based companies for further dilution of the
promoters shareholding, Arvind Agarwalla, founder of the company said. Allindia.com,
which was set up four years back, has recently been valued at Rs 60 crore by Ernst &
Young. |