The Hindu Business Line : GV Films to pick up stake in Sanra Soft

GV Films is likely to pick up stake in Sanra Software. The Chennai-based software company received a proposal of investment from GV Films, and will hold a meeting of the Board of Directors on August 31 to discuss about it.

A spokesperson from Sanra said that this would be a strategic investment for GV films. She said that Sanra has been looking at some partners in order to expand the existing business through acquisitions. The company plans to enter four businesses in all through the acquisition route, two of which are Web streaming Internet protocol, and graphics and digital effects.

Currently, Sanra provides security management products and services, administration software as well as cost management solutions. The company recently tied up with SGS Inc., a US-based Contact Centre software development company, to launch and market ContactPoint, a software for workforce optimisation.

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