Investment Summary

SIDBI Venture Capital Invests In RT Outsourcing Services

On November 20, 2001, growth capital firm SIDBI Venture Capital invested in information technology company RT Outsourcing Services for 10M USD

Investment Highlights
  • This is SIDBI Venture Capital’s 1st transaction in the Information Technology sector.
  • This is SIDBI Venture Capital’s largest (disclosed) transaction.
  • This is SIDBI Venture Capital’s 1st transaction in India.

Investment Summary

Date 2001-11-20
Target RT Outsourcing Services
Sector Information Technology
Investor(s) SIDBI Venture Capital
Deal Type Venture
Deal Value 10M USD

Target

RT Outsourcing Services

Chennai, India
RT Outsourcing Services Limited a e-Services Company providing web enabled Customer Relationship Management (e-CRM) solutions and services

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

SIDBI Venture Capital

Navi Mumbai, India

Category Growth Capital Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

SIDBI Venture Capital Limited is a private investment firm that seeks growth oriented investment opportunities across India. In addition to early stage company commitments, SIDBI Venture will also consider growth investments in businesses with a track record of proven technology or business model. Sectors of interest include life sciences, retailing, light engineering, food processing, information technology, infrastructure related services, healthcare, logistics and distribution. SIDBI Venture Capital was formed in 1999 and is based in Mumbai.


DEAL STATS #
Overall 1 of 50
Sector (Information Technology) 1 of 2
Type (Venture) 1 of 16
Country (India) 1 of 47
Year (2001) 1 of 1
Size (of disclosed) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Indus Teqsite Pvt.

Chennai, India

Embedded software and manufacturing advanced test equipment and ruggedised electronics for application in defense, aviation and space programmes.

Buy -