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October 16, 2014

Deal Alert: Fmr Infy CFO V. Balakrishnan invests in IT Services firm Avekshaa

Former Infosys board member V Balakrishnan has invested Rs 25 lakh in Bangalore-based IT solutions provider Avekshaa Technologies. Balakrishnan has joined Avekshaa's board as an independent director and is mentoring the three-year-old company. Avekshaa's proprietary platform Performance, Availability, Security and Scalability (PASS) helps enterprises mitigate IT related business risks and make their IT systems faster and efficient. 

Last month, Balakrishnan and his predecessor at Infy, TV Mohandas Pai together invested Rs 50 lakh in Bangalore-based compliance ERP provider Clonect Solutions that offers enterprise governance, risk management and compliance management solutions. 

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