<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/58da0732-8872-429e-9bf3-57f5b955470d/1341E7B3-907C-4E25-9F60-ADC2A63BA58D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://unwireindia.com/2008/06/paymate-india-got-second-round-of-investment-of-9-million/" href="http://unwireindia.com/2008/06/paymate-india-got-second-round-of-investment-of-9-million/" style="font-size: 11px;">unwireindia.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://unwireindia.com/2008/06/paymate-india-got-second-round-of-investment-of-9-million/"><DIV class="entry"> <P><IMG alt="Paymate logo" src="http://www.paymate.co.in/images/top_04.gif" class="alignleft" /> <STRONG><A href="http://www.paymate.co.in/"><U>PayMate India</U></A>, a mobile payment company, has closed its second round of investment of $9 million led by <A href="http://www.mayfield.com/"><U>Mayfield Fund</U></A> and participation from existing investors, Kleiner Perkins Caufield & Byers and Sherpalo Ventures. <A href="http://www.mayfield.com/index.php/people_detail/id/43.html"><U>Nikhil Khattau</U></A> of Mayfield will join the board of PayMate. In July 2006, <A href="http://www.sherpalo.com"><U>Sherpalo Ventures</U></A> and <A href="http://www.kpcb.com"><U>Kleiner Perkins Caufield & Byers</U></A> invested $5 million in PayMate.</STRONG></p> <P><IMG alt="Mayfield logo" src="http://www.techcrunch50.com/2008/wp-content/sponsor_mayfield.gif" class="alignright" /><A href="http://unwireindia.com/?s=paymate"><U>PayMate India</U></A> Private Limited is a mobile commerce solutions company based in Mumbai. PayMate was founded in may’2006 by Ajay Adiseshann, Founder and MD, Coruscant Tec and Co-founder, & Director Probir Roy. In a short span of time PayMate India has partnered with top MNC, State owned and Co-operative Banks to offer its unique mobile payment solution - PayMate. <A class="more-link" href="http://unwireindia.com/2008/06/paymate-india-got-second-round-of-investment-of-9-million/#more-459">Read the rest of this entry »</A></p> </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1341E7B3-907C-4E25-9F60-ADC2A63BA58D/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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