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Examples
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The company Capstone 518 traded under the name Infotech
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In May this year, 3i Infotech sold its global billing and payments unit to private equity firm Cerberus Capital Management for $137 million.
Sequoia Invests $8 Million in Prizm Payment Shraddha Nair of Mint 2011
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Subsequently, both the firms were integrated into 3i Infotech Financial Software.
3i Infotech to Repay Debt With Sale Proceeds Sneha Shah of Mint 2011
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In 2007 and 2008, the ICICI Bank-promoted 3i Infotech bought Regulus Group and J&B Software in separate deals for $100 million and $25.5 million, respectively.
3i Infotech to Repay Debt With Sale Proceeds Sneha Shah of Mint 2011
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U.S.-based private equity firm Summit Partners is acquiring a significant stake in the managed services business unit of BSE-listed Zenith Infotech, which was spun off last week.
Deals India: Morning News Roundup DEALS INDIA STAFF 2011
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"Not every project needs 2,000 FTEs, some need 150-200 FTEs, where we can compete very comfortably," says Sudip Banerjee, CEO, L&T Infotech.
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This was the second tranche of funding for the site which earlier got a $1-million investment from Chennai-based AVT Infotech in August 2008.
Personal Finance Pages Attract VCs Joel Rebello 2011
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Jasper Infotech Pvt. Ltd, which runs group buying site Snapdeal.com, raised $12 million in January from Nexus Venture Partners and existing investor IndoUS Venture Partners in a second round of funding.
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"Not every project needs 2,000 FTEs, some need 150-200 FTEs, where we can compete very comfortably," says Sudip Banerjee, CEO, L&T Infotech.
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Jasper Infotech, which runs group buying site Snapdeal.com, is in advanced talks with at least three investment firms to raise $35 million to $40 million in its third round of funding, which values the company at 10 billion rupees, said two people directly involved in the deal process.
E-Commerce Start-ups Command Top Valuations Deepti Chaudhary 2011
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