RAS Infotech ties up with U.S. firm

HYDERABAD: The Hyderabad based RAS Infotech announced a tie-up wth Pensylvannia (U.S.) based startup Evaara Inc., to provide technology and manpower support for its entrepreneur to entrepreneur (e2e) project evaara.com. The proposal is to develop nine such portals under the umbrella of evaara.com to cater to the requirements of different industry segments, by March 2001. The projected investment of $1 million will be shared equally by the two partners. Once the project is implemented it is proposed to hive off evaara.com umbrella of portals into a separate company, according to Dr. P. Chandrakiran, MD of RAS Infotech, and Mr. Amit Mohta, co-founder of Evaara Inc.

- Our Staff Reporter

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Section  : Business
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