Sandstone Capital
177 Milk St, Boston, MA, 02109, United States
Overview
Sandstone Capital is an investment fund focused on long-term investments in public and private companies in India.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Micromax Informatics
Participated · Equity · Sep 2010
Micromax Informatics is a New Delhi, India–based company that develops and sells mobile handsets. The company began operations in 2002 as a developer of embedded software and e‑commerce solutions and entered the mobile handset market in 2008. Micromax has a presence across 23 Indian states and has expanded its sales network internationally to Nepal, Sri Lanka and Bangladesh. It recently received a capital infusion of 200 crores (approximately US$43M) that will fund new product introductions and expansion beyond India. As part of the transaction, Mohit Bhatnagar, Managing Director at Sequoia Capital, will join Micromax’s board. Investors in the round include Sequoia Capital, Sandstone Capital LLC and Madison India Capital.
Team
No current team members are available.