More investors pouring more money into Spanish group buying site Groupalia as the company just announced that it has landed $15 million from current shareholders and new backers like General Atlantic, Insight Venture Partners and Index Ventures. The round follows a 5 million euros investment secured back in October 2010 and a 2.5 million euros round secured back in May 2010. Groupalia is a site that features a daily deal, in the form of a discount coupon, on the best things to do, see, eat and buy in the cities where it is present. The company expects a turnover of $150 million in 2011, which would be 16 times the turnover booked last year.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/U4nThLSTT6I/
SATYAM COMPUTER SERVICES SES SHAW COMMUNICATIONS SIEMENS ZORAN
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