Eka Secures US$10 Million in Funding from Nexus Venture Partners

Funding Rounds

▤ Summary

Eka was recently selected by Nasscom, India’s premier trade body and the chamber of commerce of the IT-BPO industries, as one of India’s top 10 emerging software companies.“Our investment in Eka reflects the high degree of confidence we have in the management of the company and the soundness of the business model,” says Sandeep Singhal of Nexus Venture Partners, who will join Eka’s Board of Directors.Given the high demand for sophisticated products that meet complex risk management requirements of firms in the global commodity markets, Eka is very well positioned for greater success.Each entrepreneur Nexus partners with has access to the entire team in India and Silicon Valley for help in recruiting talent, forging new alliances, opening doors to new customers, shaping the strategy and connecting with best of breed advisors or board members.Given the high demand for sophisticated products that meet complex risk management requirements of firms in the global commodity markets, Eka is very well positioned for greater success.

$ Funding

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Amount $10.0M Total raised
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Date October 7, 2009 Announcement date
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Investors Silver Lake, Nexus Venture Partners, EKA Lead investors
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Company http://www.ekaplus.com Funded company

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Fintech & Banking
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Business Intelligence

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