Sulekha

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Sulekha.com
Sulekha logo.png
Type Venture-Funded
Headquarters Chennai, Tamil Nadu, India
Area served India, United States, Canada
Founder(s)
Chairman Param Parameswaran
CEO Satya Prabhakar
Employees 1300
Website Sulekha.com
Type of site Web Portal
Advertising Online
Registration Optional
Available in English
Current status Active

Sulekha.com is one of India’s largest and fastest-growing digital business and consumer brands, and is active in over 40 Indian cities. It was founded by Satya Prabhakar and Sangeeta Kshettry, and has been called "the merging of Facebook and Craigslist in India".[1]

History[edit]

Sulekha raised its initial investment from Indigo Monsoon Group when Param Parameswaran (as Chairman) and Harish Raghavan joined its Board. In 2006, Norwest Venture Partners (NVP) invested around $10 million in the company,[2] In 2009, Sulekha started charging customers, whereas previously they had relied on advertising to generate revenue.[3] In April 2015, GIC and NVP invested 175 Crore into the company.[4][5][6]

References[edit]