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Non-Tech : ICICI Ltd - (Nyse: IC)

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To: Mohan Marette who wrote (336)	3/7/2000 3:43:00 PM
From: Mohan Marette	Read Replies (1) of 494

Niku goes Nasdaq, ICICI's money multiplies 47 times ICICI Ventures has hit another jackpot: its $2 mil investment in a California-based internet solutions provider, Niku Corporation, has swelled to $93 mil on the company's stock getting listed on Nasdaq. The success story follows quick on the heels of its investments in neoforma.com , a Santa-Clara-based company that sells medical supplies on the internet. Here, ICICI Ventures and Trust Co of the West's (TCW) investment of $2.4m had swelled to $102m after the company got listed on Nasdaq. economictimes.com

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