Infogain, a business-oriented IT services leader with close to 2000 employees in the US, Europe, Middle East, India, and the Asia Pacific has recently announced that ChrysCapital has invested $63M into the company. The company's portfolio offering includes Application Management Services, Retail POS Solutions, Business Intelligence and Mobile Device Management (MDM), Cloud Solutions and Mobility Solutions.
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.
Infogain said that it has more than doubled its revenue in the last five years and remains one of the fastest growing IT services firms, with growth rates that are 50% higher than the industry average. It services 5 of the world's largest 50 and 20 of the world's largest 1,000 enterprises, and enjoys deep, long-standing relationships with each of its top customers.
Kapil Nanda, CEO of Infogain
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.
