Cannan partners, who had earlier invested $8.5 million in BharatMatrimony.com has made a new announcement. They will be investing $3.1 million in iYogi, along with SVB Financial Group.
iYogi is a Delhi based computer support startup started by Uday Challu (formerly with NewGen Software) and Vishal Dhar (former CEO of Friday Corporation).
The company provides 24×7 live customer support on the phone and remote access for homes and SMBs. They solve computer maintenance problems for a fee, which is $9.99 (Rs 430) for a single incident and $89.99 (Rs 3900) for an annual subscription which would cover unlimited incidents.
I do think that the prices are a little steep for Indian customers, but they could make a killing in the US markets.
VCCircle | VentureWoods | Cannan | iYogi
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