SAP-backed technical support firm iYogi is seeking to raise $27m in pre-IPO funding that would add to the $85m already secured, according to reports.
India-based online tech support firm iYogi is said to be close to raising $27m in a pre-IPO round of funding from a strategic investor, VCCircle reported on Wednesday.
The news follows reports that iYogi, which already counts software producer SAP among its backers, is hoping to raise close to $60m before it seeks a public listing. In December, the company annouced it would, “be looking to list in the US within 6-12 months.”
The additional funds would enable iYogi to expand…
