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PreMedia raises growth capital of $4 million

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BS Reporter Chennai

PreMedia Global Inc, a high-end content services KPO firm has raised
growth capital of $4 million from NEA-IndoUS Ventures a US-based venture capital
firm operating in India.

The company said that fresh capital will also be used for integrating its earlier acquisition of GGS Book Services. Kumar Shiralagi will join Premedia's board of directors as NEAIUV's nominee. Premedia is also scouting for acquisitions in Europe,US and India.

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First Published: Aug 06 2008 | 4:34 PM IST

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