ValueFirst raises $6mn from NEA

Valuefirst, the bulk sms provider has raised $6mn from NEA.

ValueFirst, which currently offers SMS-based services, is planning to introduce internet and voice based services for the mobile platform in India.The fund will be used to expand operations (VFirst is currently in India, Lebanon, Nigeria, Pakistan, SriLanka, UAE and UK) – source.

Recent VAS Deals:

• Mobile2Win to merge with Altruist
• Canaan Partners Invested in mCarbon
• Microsoft India acquired 20% stake in Affle

Also see: Is Voice the next Kinng in Mobile VAS space? | Mobile VAS in India: Numbers that you should know