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SAIF Partners to make 4-5 investments in internet, mobile VAS sectors in 12 months

SAIF Partners, one of the early investors in MakeMyTrip, plans to make 4-5 investments in internet and mobile value added services (VAS) sectors over the next 12 months, according to Ravi Adusumalli, who is heading India investments of SAIF Partners.

SAIF Partners, one of the early investors in MakeMyTrip, plans to make 4-5 investments in internet and mobile value added services (VAS) sectors over the next 12 months, according to Ravi Adusumalli, who is heading India investments of SAIF Partners.

“We are very proud to be the first investors in MakeMyTrip,” Ravi Adusumalli has said. “I believe that with the success of MakeMyTrip and the pending IPO for JustDial, you will see more capital flow into the sector.” [Source: VC Circle]

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