APN News

  • Friday, August, 2020| Today's Market | Current Time: 10:07:23
  • Zephyr Peacock India Purchases Stake in Indian Information Technology Company

    Published on October 10, 2010

    Bangalore: Zephyr Peacock India (ZP), an India focused private equity fund, made a US$10 million investment to purchase equity shares in Trimax IT Infrastructure and Services Ltd, a leading Indian information technology (IT) infrastructure firm. Trimax provides end-to-end information technology infrastructure solutions to various government agencies and small and medium sized enterprises. The company has a proven track record in executing integrated IT projects which include systems integration, infrastructure management services, data center services and networking solutions.

    Trimax has a national presence in India with 12 regional offices and over 100 service centers. The company is actively seeking opportunities to expand into other markets and is planning to launch operations in countries such as Singapore, Sri Lanka, Bangladesh and Nepal. Trimax has over 1,000 clients and has established strong partnerships with key governmental enterprises and large Indian telecommunications firms.

    Zephyr Peacock India will assist the Trimax management team in the areas of long-term strategy, business development and management development. ZP assumes active governance roles within the portfolio companies, drawing upon Zephyr’s international experience, networks and knowledge.

    Zephyr Peacock India Funds were established to provide growth capital to small and middle market companies positioned to benefit from India’s growing domestic demand. Zephyr Peacock India Fund I was launched in 2006 and Zephyr Peacock India Fund II in 2008.

    Loading...