Infogain, a Los Gatos, CA-based provider of global business and IT consulting solutions, raised US$63M in funding.
ChrysCapital, a private equity firm managing assets of US $2.5B and backing companies such as HCL Technologies, LiquidHub, KPIT Technologies, Cyient, Mphasis and Spectramind, made the investment.
The company intends to use the funds to broaden its solution offerings, pursue strategic acquisitions, explore new geographies and accelerate the expansion of its employee base.
Led by Kapil Nanda, CEO, Infogain provides front-end technologies, processes and applications for enterprises in the USA, Europe, the Middle East, Asia Pacific and India. The company specializes in areas such as software product engineering, service automation and mobility offering solutions for the high-tech, retail and insurance verticals.
It employs close to 2,000 employees.