Business Daily from THE HINDU group of publications
Tuesday, January 16, 2007
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Business Daily from THE HINDU group of publications Tuesday, January 16, 2007 |
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News Update as at 18.00 hrs (IST)
General BANGALORE: Global consulting, technology and outsourcing services firm, Trianz on Tuesday said it has raised $14 million in equity funding from a Mauritius-based foreign venture capital investor. Trianz would use the funds raised from the New York Life Investment Management India Fund (FVCI II) towards expansion of its business lines as well as grow its international presence, Mr Sri Manchala CEO and President of the company said. Set up in 2001 in Silicon Valley as a high-end management consulting services firm, Trianz has grown in the US, and expanded its presence in India, Singapore and Japan, he said. Its future plans include tapping new geographies and service segments in the US, Europe, India and the Asia-Pacific through both organic and inorganic routes, the company said. - PTI
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