September 01, 2014 3:11 PM ET

IT Services

Company Overview of iYogi Technical Services Pvt. Ltd.

Company Overview

iYogi Technical Services Pvt. Ltd. provides computer support via phone and remote access for home and small business users. Its personalization engine captures the customers’ demographic information and his/her behavioral profile. The company’s database serves information on the customer and his/her history of incidents, every time a contact is made to provide a personalized service. It offers support services regarding Windows operating systems, software applications, antivirus/antispyware, hardware, networking devices, and peripherals. The company was founded in 2005 and is headquartered in Gurgaon, India.

DLF, Building No. 6

Tower C

Gurgaon,  122002

India

Founded in 2005

Key Executives for iYogi Technical Services Pvt. Ltd.

Co-Founder and Chief Executive Officer
Chief Creative Officer
Age: 50
Senior Vice President of Channel Services
Compensation as of Fiscal Year 2014.

iYogi Technical Services Pvt. Ltd. Key Developments

iYogi Plans Listing In Next 12-24 Months

iYogi Technical Services Pvt. Ltd.plans a public issue after the current round of funding is finished. “We are set to cross $100 million in fiscal March 2014 and will double revenues every two years over the next five years. Our aim is to list in the next 12-24 months,” Uday Challu, co-founder and Chief Executive Officer of iYogi said. According to Economic Times, Challu declined to comment on valuation.

iYogi Reportedly In Talks To Raise Funds

iYogi Technical Services Pvt. Ltd. is in discussions with European and American investors to raise an additional $20 million by March, according to the person cited above who didn’t want to be named.

iYogi Reportedly In Talks To Raise $60 Million In Pre-IPO

iYogi Technical Services Pvt. Ltd. is in talks to raise $60 million in a pre-IPO round of funding from private equity investors. At least two sources briefed with the matter confirmed the news, adding that existing investors will also co-invest in the new round. An email sent to iYogi Co-Founder and Chief Executive Officer Uday Challu did not elicit any response till the time of publishing this article.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 12, 2014
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