OnMobile makes Pre-IPO placement to George Soros Fund

Jan 23, 2008 | 7:02 PM IST

OnMobile,which will hit the markets on January 24 has made a pre-IPO placement of 5 percent stake to George Soros’ Quantum Fund, Bessemer Venture Partners and Wardferry India Reconnaissance Fund. The placement is reportedly done at Rs 425-450 price band and the deal is valued at Rs 120 crore.