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  Three New Ventures India companies attract investment of over USD$4 million
- 11-14-2007
Bestseller invests in Delhi based Conserve HRP

New Ventures India’s 2006 portfolio company, Conserve HRP has connected with Danish fashion business retailer, Bestseller. Conserve has formed a private limited company called "BS Studio & Services India Pvt Ltd” in which Bestseller will invest 2 million euros.  This newly formed company will have access to 3500 retail stores in Europe, Middle East and China. In addition to providing a continuous supply of recycled environmentally friendly fashion accessories, BS Studio India will also provide Bestseller, Architectural Design services and IT enabled services (ITeS) infrastructure.

ICICI Bank invests INR.49.9 Million in HMX Sumaya

Banhalore based HMX Sumaya Systems Limited which produces innovative, environmentally-friendly HVAC solutions, has received the debt funding of INR 49.9 million from ICICI Bank under the Energy Conservation and Commercialization (ECO) program of USAID.

ABT Bioproducts receives seed funding from an angel Investor

Pune based biofertizer company, ABT Bioproducts gets seed money of INR.50 lacs from an angel investor in Mumbai. ABT Bioproducts has developed innovative new products for organic farming, including bio-fertilizer, plant growth promoters, bio-pesticides, and soil fertility enhancers.

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