Catamaran, Accel Investing Rs 5Cr In Test Prep Firm Ace Learning | VCCircle

N R Narayana Murthy’s Catamaran Ventures, which struck its investing debut with SKS Microfinance (India’s first microfinance firm to go public), is making its second investment in Bangalore-based Ace Creative Learning Pvt Ltd, which provides educational support services to schools and colleges.

Accel Partners is the co-investor in the early stage investment round which will see both venture firms contributing Rs 2.5 crore each in Ace. This will be Accel’s fourth investment in 2010.

(Via Catamaran, Accel Investing Rs 5Cr In Test Prep Firm Ace Learning | VCCircle)

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