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VC Firms To Buy $44.8M Jasper Stake

Jasper Innovative Marketing Solutions is in talks with three venture capital firms to sell a small stake.

    Jasper Innovative Marketing Solutionsis in talks with three venture capital firms to sell a small stake,Economic Timesreports.Bessemer Venture Partners,Nexus VenturePartnersandIndo-U.S. Venture Partnersmay invest $44.8 million in the Indian online start-up.

    The deal will value the firm at about $224 million.Jasper, owner of the group buying sitesnapdeal.com, will use the funding to recruit executives and to offer new products to customers.

    Click here for the story fromEconomic Times.

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