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Wipro bags 5-yr deal from Greater Cincinnati Water Works

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Press Trust of India New Delhi
Country's third largest software services firm Wipro today said it has bagged a five-year deal from US- based utility company, Greater Cincinnati Water Works (GCWW).

No financial details were disclosed.

As GCWW's IT partner, Wipro will help transform the utility firm's CRM, billing and service bureau operations, Wipro said in a statement.

GCWW provides about 133 million gallons of water a day to over one million people across the states of Ohio and Kentucky in the US.

Wipro will design, build, host and deploy a Customer Information System (CIS) and maintain the solution for for a period of five years after the initial implementation under a pay-per-use pricing model.
 

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Polaris Consulting appoints NM Vaidyanathan as CFO

*Chennai-based IT firm Polaris Consulting and Services today said it has appointed N M Vaidyanathan as its Chief Financial Officer.

It has also appointed Uma Ratnam Krishnan as a Director on its Board.

The appointments are effective March 19, 2015, it said in a statement.

Vaidyanathan, with over 20 years of experience, has been associated with Vivimed Labs, NSL Group of companies, Hostmann - Steinberg Inc (USA), Bilag Industries Ltd and Stock Holding Corporation.

On the other hand, Krishnan has been associated with Royal Bank of Scotland (RBS), ANZ Grindlays and HDFC Bank. She also had a brief stint with the Indian Foreign Service.

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Indiaonline.In to raise Rs 50 cr funding

*Indiaonline.In, which operates a network of 350 websites, aims to raise about Rs 50 crore in the next four months to fund its expansion plans.

"Indiaonline.In is in talks to raise fund around Rs 50 crore in the next four months," the company said.

This would be the first round of funding for the firm.

Set up in 2009, Indiaonline.In claims to have over 600 employees.

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Graphic India raises $2.8 mn, to expand its content offerings * Character entertainment firm Graphic India today said it closed a new seed-financing round of USD 2.8 million and will use it to expand its content offerings.

The new financing round was led by existing investor, CA Media LP, the Asian investment arm of The Chernin Group, LLC (TCG), and New York -based media investment group, Start Media, founded by Michael Maher, the company said in a statement.

The new round also included prominent angel investors, such as Backflip Studios founders, Julian Farrior and Dale Thoms, it added.

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First Published: Mar 19 2015 | 5:28 PM IST

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