MUMBAI:
LINUS Capital, a US based boutique investment and advisory firm, has decided to
invest in social-networking site,
'Sixer'.
The Hyderabad-based
website, targets cricket fans in the
country.
"We hope that 'Sixer'
will be an online platform where millions of cricket fans could connect with
other fans in the country. The investment will help us build 'Sixer' into a
leading online brand. This will also help us make other acquisitions and
investments in the Internet space,"said, Linus managing director Sunny
Burra.
He however, did not
disclose the amount Linus would invest in
'Sixer'.
This will be the
company's second investment in the country. "Our first investment was Linus
Infotech, a Business Process Outsourcing company," Burra
said.
Linus capital is also
planning for investments and buyout in the internet and the BPO space in
India.
"We primarily focus on
investments or buyouts in Internet Wireless Services, and BPO space. Currently,
we are looking for investment opportunities in mobile content services along
with add-on acquisitions for Linus Infotech in the BPO space," Burra
said.
LINUS Capital is a
boutique investment and buyout group focused on investing in cross-border
opportunities in both the US and in
India.
The company has
operations in San Francisco and in Hyderabad.
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