202114 Jan
Mayfield, Nexus Invest Rs.35.5 Crore In Sohanlal Commodity Management
Funding Rounds
202114 Jan

Bangalore: Mayfield India and Nexus Venture Partners have invested a total of35.5 Crore in Delhi-based Sohanlal Commodity Management(SLCM). With this deal, Mayfield Indias MD Nikhil Khattau has joined SLCMs board. It clients list includes companies Cargill, AWB, Adani, Jindal, Ruchi Soya, Louis Dreyfus, Glencore as a service provider with full alignment of interests. Mayfield Fund started investing in India in 2006, and along with a dedicated India fund, raised in 2008, has made investments in companies like Bharat Matrimony, Fourcee, Centum Learning, Satya Paul, and Geodesic Techniques. Nexus portfolio includes Komli Media (Internet ad network), Suminter (Organic farming), Dlight (Solar Lights), DimDim (Open Source Web Conferencing), Mapmyindia (Digital Navigation), Deccan (Neutraceuticals) and Netmagic (Internet managed service provider).