Since its launch in 2007, Gurgaon-headquartered iYogi Technical Services Pvt Ltd, which provides remote and on-site tech support services has established itself as one of the major subscription help service to both consumers and small businesses. The firm, mostly catering to the B2C market till date, is now planning to tap small and medium businesses (SMBs) in a big way across Indian and European markets. The company has raised significant amount of money in risk capital. In 2010, it raised $30 million in Series D funding, led by Sequoia Capital India. Existing investors Canaan Partners, SVB Capital Partners, SAP Ventures and Draper Fisher Jurvetson also took part in that round. Players like Geek Squad (a subsidiary of Best Buy, one of the leading US consumer electronics retailers) and PlumChoice compete with iYogi in the US while in India, companies like eTechies have the same profile. In an exclusive video interview with VCCircle, Uday Challu, co-founder & CEO, iyogi share their entrepreneurial journey and plans ahead. Watch the video for more.
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