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December 18, 2010

ET profile of Commodities Trading Software firm Eka

From the profile

Beginning with software for trading in agri-commodities the company has added on packages for metals and will do so for energy trading by February 2011 with the business built around the licence model.Eka has offices in the United States and in London and will soon have one in Sydney.

...With revenues of $10 million,the company is now planning to open its fourth office in Australia.The plan is to become a $100-million venture in the next five years, says Garg,who feels there is no need for further rounds of capital.



Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports. Email the author at arun@ventureintelligence.in