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Nokia Growth Partners fund gets $250 mn commitment from parent

Last Updated: Tuesday, January 29, 2013, 19:40

"Nokia Growth Partners (NGP), a global venture firm, Tuesday announced the launch of its third fund with a further USD 250 million long term commitment from Nokia," Nokia said in a statement.

Nokia bets big on replacement market

Last Updated: Thursday, August 30, 2012, 18:00

Mobile handset manufacturer Nokia is pinning high hopes on the replacement market which is growing at an annual rate of 60 percent to 65 percent.