Trianz raises US$ 14mn in equity funding

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Srinivas Chidambaram, Managing Director of Jacob Ballas Capital India Pvt Ltd ("JBC"), investment advisor to NYLIM India Fund, said, "With a strong leadership team, unique approach and strong client relationships, Trianz is a great example of a company poised to grow into a leadership position in global consulting and technology services including product engineering. We look forward to being part of the company's continued success." JBC, based in New Delhi, is the investment advisor to the two India focused private equity funds, New York Life International India Fund (Mauritius), LLC and the New York Life Investment Management India Fund II LLC. 

 

According to Mr. A. P. Verma, President and COO, SBI Capital Markets Limited (SBICAP), the Investment Banking Subsidiary of State Bank of India and Financial Advisor to Trianz, "We have been witnessing the steady growth of Trianz and are confident that Trianz will be one of the leading blue chip firms of the future. We look forward to having a strong relationship with Trianz and being a part of their accomplishment."

 

Sourced From:  The Public Relations Division of Grey Worldwide India Pvt. Ltd