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Ojas, SOS Ventures Partner For U.S. Start-up

Venture capital firms from India and China along with a U.S. angel investor have partnered to invest in a U.S. start-up Play140.

Venture capital firms from India and China along with a U.S. angel investor have partnered to invest in a U.S. start-up Play140, Economic Times reports. Bangalore-based Ojas Venture Partners along with SOS Ventures of China have co-invested in the social gaming company.

The financial terms of the deal were not disclosed. The Play140 investment is the first triangular partnership featuring Chinese and Indian venture capitalists teaming up with a U.S. angel investor.

Click here for the story from Economic Times.

Click here for additional coverage from VC Circle.

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