Agile FT gets $5.7 m from IDG Ventures India

| | Updated on: May 03, 2011

IDG Ventures India (IDGVI), a $150-million technology venture capital fund, has pumped in $ 5.7 million in BFSI software products company, Agile Financial Technologies (Agile FT). Agile FT announced the completion of the Series A financing on Tuesday.

The funding will enable Agile FT's organic and inorganic growth plans, and expansion into new markets, informed a company statement. Agile FT currently has a footprint in the Middle East, Europe, Africa and Asia, and claims a channel presence in 20 countries.

Mr T.C. Meenakshisundaram and Mr Hemir Doshi of IDGVI will join the board of Agile FT.

Published on May 03, 2011

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you