Archive for the ‘Hurix Systems’ Category

E-learning company Hurix Systems gets $5 mn from Helion

octubre 4, 2007

Seguimos con los procesos de compras….esta vez India uno de los mercados que llaman «emergentes» y que más temprano que tarde será de los dominantes.

Por cierto, me pregunto por qué les cuesta tanto trabajo a los periódicos en línea colocar enlaces…no se han enterado que internet si es algo es hipervínculo? y que los periódicos electrónicos que sigan creyendo que la red es lo mismo que el papel poco a poco serán abandonados por los lectores asiduos de la red… Así que he colocado algunos enlaces a los inicios de la noticia. 😉

This is Helion’s eleventh investment since it announced a $140 million India-focused fund in August 2006

Namitha Jagadeesh

Mumbai: Mumbai-based e-learning and publishing services company Hurix Systems Pvt. Ltd has received second round funding of $5.1 million (Rs20.2 crore) from Bangalore-based venture capital firm Helion Venture Partners. This is Helion’s eleventh investment since it announced a $140 million India-focused fund in August 2006.
Helion Venture managing director Kanwaljit Singh.

Eyeing growth: Helion Venture managing director Kanwaljit Singh.

“Both the e-learning and the publishing services sectors are growing very fast, and Hurix covers both ends of the spectrum,” says Kanwaljit Singh, managing director, Helion Venture Partners. Singh, along with Natarajan Ranganathan, CFO at Helion, will join Hurix’s board. Hurix had received funding of Rs5 crore at the inception stage from Kotak Mahindra Venture Capital Fund, the VC arm of Kotak Mahindra Finance Ltd. “The first round was undercapitalized for our current growth rate. The fresh capital will be used to fund our expansion into new markets,” says Subrat Mohanty, CEO, Hurix Systems.(leer más…)

Fuente: [livemint.com]