Private Equity

Other Private Equity/Strategic Investments

IT services firm InfoGain to raise $200-M; Chryscap to sell 20% stake

Economic Times Print Edition  

InfoGain, a Silicon Valley-based digital platform and software engineering services firm backed by leading India-based PE firm ChrysCapital, has begun talks with bulge bracket PE funds and strategic investors to raise USD 150-200 million. The proposed transaction will constitute both primary and secondary issuances, where ChrysCapital will sell 20% of its stake in the company. Credit Suisse has been mandated to run a formal process to find an investor.

From the Venture Intelligence PE-VC Deal Database: In Aug-15 ChrysCapital had invested $63 million for a majority stake in Infogain