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October 30, 2005 |
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SKS closes first round of private investment
Hyderabad - SKS closes its first
round of private investment lead by Vinod Khosla, Founding CEO, Sun
Microsystems, Ravi Reddy, Chairman & CEO, Quest Industries, Sandeep
Tungare, Chairman & CEO, Vistaar Technologies, Unitus (www.unitus.com)
and Small Industries Development Bank of India (SIDBI,
www.sidbi.com). The total investment is over $3million with a
majority stake controlled by the SKS client �community.�
The equity furthers SKS� position as a financially self-sufficient
organization and will be used to fuel rapid expansion as it grows
from 150,000 clients to 1,000,000 clients over the next few years.
Please click here to read more about SKS'
financial
structure
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