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Economic Times | Value Point will take EY’s help to raise Rs 150 Cr

Small IT services company Valuepoint has hired consultants as it looks to raise over 150 crore to fund its next round of growth, the company’s top executive said. Valuepoint, which was founded in 1991, has over 1,500 employees and about 500 crore in revenue a year.

“We are looking at the next round of growth. So we are looking at raising funds to expand into the US and European markets because digital technologies is creating opportunities for us,” RS Shanbag, the founder of Valuepoint Systems, told ET. Shanbag said the company had tasked consultancy EY to help it raise the funding

Originally appeared in The Hindu Business Line dated October 28, 2018. To read the original, click here

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