Financial Daily from THE HINDU group of publications
Wednesday, Sep 10, 2003
Financial Daily from THE HINDU group of publications Wednesday, Sep 10, 2003 |
|
|
|
|
|
Info-Tech
-
Software Ensim to expand Indian operations V. Rishi Kumar
Hyderabad , Sept. 9 ENSIM India, a wholly owned subsidiary of the US-based Ensim Corporation, is set to expand its operations. It plans to invest about $5 million in the next 12 months. The US company is a provider of control panels and server management software for the Web-hosting industry, The Chief Operating Officer of Ensim India, Mr Arvind Kher, told Business Line that the company had acquired a critical mass in India and had about 100 people which would be doubled over the next year or so. This will mean an investment of about $5 million in India in both infrastructure and people. Having a distinguished board that includes Mr Kanwal Rekhi, its President and CEO, the company has a cash pile of about $85 million raised through three rounds of funding.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|