SoftBank Asia Infrastructure Fund Invests $22.5 Million In Cybernet Software Systems

This was reported earlier, but here is the official announcement and the actual figure of investment. SoftBank Asia Infrastructure Fund (SAIF) Partners, a leading Hong Kong-based private equity fund, announced that it has invested $22.5 million in Cybernet Software Systems (CSS). With this investment, SAIF Partners has increased its India client portfolio to six companies, with the others being Intelligroup, IL&FS Investsmart, Makemytrip.com, Sify.com and VisualSoft Technologies. (Via India Infoline) Related: SoftBank Asia Infrastructure Fund To invest $100-150 Million In India

Comments

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

BY INVITATION
ColumnistImage

India: The World’s Biggest Small Company

ColumnistImage

Tips For Entrepreneurs To Raise Money In An Overheated Market

Untitled 1


INSIGHT

The Dilemma Of “Control”

NARENDRA DINGANKAR & MINI RAMAN
In India, law governing acquisition of “control” of listed cos is laid out in takeover regulations framed by SEBI.
About 60 fund managers polled for the VCCircle Survey.