Virtuoso Infotech Pvt. Ltd., an enterprise software solutions company, founded by Ms. Preeti Nahar and Mr. Yogesh Satpute, based out of Pune, India announced today the news of its first investment fundraise. India’s largest private sector bank HDFC and its subsidiary HDFC Securities Limited has acquired a 7.4% stake in Virtuoso Infotech.
Virtuoso Infotech specializes in product engineering and offers customized software solutions for enterprises across a wide range of sectors. The list includes software solutions for Hospitality, Finance, Media, Religious Institutions, Communities, Cloud Computing, Food & Travel industries, using Data Analytics and Machine Learning.
This relationship will strengthen the company’s vision to become a reliable software technology partner for Indian enterprises and bank’s objective to digitize under-served and under-penetrated segments using digital solutions.
“We thank HDFC Bank for their confidence and trust in Virtuoso’s tech capabilities,” says Ms. Preeti Nahar, CEO, Virtuoso Infotech. “We are excited to start our growth journey with HDFC Bank and HDFC securities, serving the diversified needs of banking and securities business.”
“We are looking forward to contribute and make a dent in digital universe with our joint capabilities. HDFC Bank has always been supporting companies that help them take digitization to the next level,” says Mr. Yogesh Satpute, CTO, Virtuoso Infotech.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.