SRI Capital, founded by serial entrepreneur Sashi Reddi, will invest $2 million in Singapore-headquartered Foyr (RBJ International Pte Ltd), which makes software for interior designers, architects, and property developers.
The Series A round in Foyr also comprises an investment of $2.2 million from JLL and other investors. Foyr, which has a development centre in Hyderabad, would use the proceeds to enter the US market which has a huge potential for its software.
“Foyr is a visualisation and virtual reality technology company,” Sashi Reddi said.
Foyr has over 75 employees in Hyderabad as well as a sales team based in Singapore.
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