Sulekha.com plans to go big!

Norwest Venture Partners said Wednesday it invested $10 million in Sulekha.com Inc., an online social media and local commerce site for people in or from India.

Palo Alto-based NVP said the investment is Sulekha's first institutional round of funding.

Sulekha.com has a portfolio of interactive services in the areas of social media such as blogs, groups and networking and local commerce such as classifieds, yellow pages and events in 25 cities worldwide, including eight in India. Sulekha.com has more than 2 million unique visitors to its site each month, and features over 10 million pages of content, almost all of it contributed by members.

Sulekha.com plans to use the new capital to extend business development and marketing, primarily through alliances, and expand its service offerings into new vertical markets.

It would be really intresting to see the new alliances this company makes, will track this one  for sometime.