Based in Gurgaon,India, iYogi is the first direct to consumer computer support service for millions faced with increasing computing complexity.
iYogi has secured a second-round funding of $9.5 million from a consortium of VCs led by SAP Ventures, a division of the German software major SAP. This is SAP Ventures first investment in India and the fund is close to investing in couple of other IT and ITeS companies in India.
They have a customer base of over 50,000, primarily in the US. Company will use the funding to expand operations in new geographies, to increase execution capability, delivery of new services and to enhance its marketing effort. The company plans to ramp up to 2,000 employees( from current 450)in next couple of years.
It has a unique offshoring model that focuses on providing technical support to individual retail customers (personal offshoring) rather than enterprise customers, mostly done by BPOs.
Thursday, July 24, 2008
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1 comment:
Great Info
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