India: Power2SME raises over $20m from Infosys co-founder Nandan Nilekani, others

Gurgaon-based BEBB India Pvt Ltd, which runs Power2SME, has raised around Rs 140 crore ($20.7 million) from Nandan Nilekani, the former CEO and co-founder of IT company Infosys.

Existing investors Accel Partners, Kalaari Capital and Inventus Capital participated in the round. These three investors had put in Rs 42 crore together in the company’s Series C round of funding in Sept 2014.

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