City-based Basiz Fund Services on Tuesday announced that it had received $2 million (around Rs 8.4 crore) funding from NEA-IndoUS Ventures.
Basiz, a knowledge process outsourcing (KPO) provider with offices in Chennai, Mumbai and Dubai, offers investment accounting services for mutual, hedge and private equity funds.
A V Seshadrinathan, managing director of the company, said the funding would be used for capacity augmentation, infrastructure expansion and for opening new international offices to support the company’s existing and new clients.
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