Companies

SRI Capital to invest $2 million in Foyr

K V Kurmanath Hyderabad | Updated on July 17, 2018 Published on July 17, 2018

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.

Published on July 17, 2018
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