April 27, 2007
A new take on offshoring
Some people tiptoe around controversy. Others embrace it wholeheartedly. That certainly seems to be the case with iYogi, an Indian startup specialising in providing remote tech support for US computer users. Rather than downplay the fact that its computer brainiacs are sitting in New Delhi rather than New York iYogi has based its business model on it.
On Wednesday, iYogi closed a $3m investment round with partners including Canaan Partners and Silcon Valley Bank. The round was the second Indian investment for Canaan, which opened an office an India last year. Their other Indian investment is BharatMatrimony, a ‘dating site’ for Indian couples looking for arranged marriages. It seems Canaan may be onto something here.
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Posted by: support.com | May 9th, 2008 at 6:41 pm | Report this comment