Infogain announces US$63-Million Investment by ChrysCapital

Infogain has announced that ChrysCapital has invested US$63M in the company.  This infusion of capital will enable Infogain to broaden its solution offerings, pursue strategic acquisitions, explore new geographies and accelerate the expansion of its employee base.  ChrysCapital is a highly reputed private equity firm managing assets of US$2.5 billion. The firm has been amongst the most prolific investors in the IT services space with investments in companies such as HCL Technologies, LiquidHub, KPIT Technologies, Cyient, Mphasis and Spectramind.

“The partnership with ChrysCapital signifies a major milestone in Infogain’s business lifecycle,” said Kapil Nanda, CEO, Infogain.  He continued, “ChrysCapital’s support will help our firm to grow organically and through strategic acquisitions.  Additionally, we will leverage opportunities to further diversify into next-generation service offerings such as the customer experience, cloud services and end-to-end retail solutions.  Our plans for expansion into other service areas and geographies will further strengthen our position in the evolving IT services market.  My senior management team and I have great confidence in Infogain’s future, and we continue to hold significant equity....”Read more

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