US - JSG Capital LLC (New Funding Resource) Secures USD 23.5 mln in Funding for Emerging Markets in India and China

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JSG Capital secures USD 23.5 mln in funding for Mobile Application Development in Emerging Markets focusing in India and China. State of the Art Mobile and Handheld software providing entertainment, on-demand resources and community synergy. The round comes from Emergent Venture Partners. The total amount that JSG has received up to 23.5mln USD to fund the advancement of the KIsmet platform.

JSG Capital (http://www.jsgcapital.com) has vested interest in the Kismet mobile platform, Kismet aims to be the leading provider of critical information exchange solutions in the India and Chinese marketplaces.

"Companies around the world need to exchange critical information to partners and clients more and more today,” says Jason GIll, Executive Director, New York for JSG Capital. “With more than a decade of experience and offices in New York, San Francisco, Los Angeles and Mumbai, Kismet is poised to provide India’s growing business community with its secure, web-based solutions. With the financial strength and industry experience of JSG Capital LLC we are poised to become a sizeable marketplace leader within a short time to market."

The strategic alliance will bring KIsmet secure, online solutions for exchanging information to India and beyond. A wide variety of users will benefit from the new offering.

"The key component that was missing was the vision and marketplace collaboration of JSG Capital, we have the technology in place, now we can implement Kismet with the influence of the India." Says Scott Allrich, Chief Technology Officer - JSG Capital. "Now looking to the future, we are actively recruiting new talent that will ensure Kismet's success and with the financial support we are now able to proactively roll-out this techology in key urban areas."

About JSG Capital LLC
Founded in 2007, the JSG fund management group has aggressively positioned themselves in the Indian and Chinese emerging markets; with the proven knowledge and experience of technology rollout and funding, the immediate future is outgrowing the competition. Diversification is the cornerstone of the JSG investment strategy. Investing in seed, early stage, and high growth middle market companies. Early stage efforts focus on information technology and life sciences companies. Middle market investments focus on businesses in technology, healthcare, digital media, ecommerce, consumer products and services, and business service sectors. As the lead or co-lead investor in virtually all of their portfolio companies, JSG take an active, long-term role in helping them develop into successful, market-leading companies.

About Kismet International Group
Kismet mobile platform will have up date information posted on jsgcapital.com.

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Jason Gill
JSG Capital LLC
877-547-6381 ext. 500
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