Accel Partners Invests US$2.8 Million in Cloud Firm Enterprise Nube (Asia)

Source: VCCircle  |  Author: Sonam Gulati

India-based cloud services company Enterprise Nube Services has raised INR150 million (approximately US$2.8 million) from global venture capital firm Accel Partners. As part of the transaction, Mahendran Balachandran, a Partner at Accel, will join the board of Enterprise Nube. Accel Partners’ recent investments in the country include e-commerce startup Zanssar.com and online jewelry store Bluestone.com.