Virtuoso Infotech Pvt. Ltd., an enterprise software solutions company, founded by Ms. Preeti Nahar and Mr. Yogesh Satpute, based out of Pune, India, has announced the news of its first investment fundraise.
India’s private sector bank HDFC and its subsidiary HDFC Securities Limited has acquired a 7.4% stake in Virtuoso Infotech.
Virtuoso Infotech specializes in product engineering and offers customized software solutions for enterprises across a wide range of sectors. The list includes software solutions for Hospitality, Finance, Media, Religious Institutions, Communities, Cloud Computing, Food & Travel industries, using Data Analytics and Machine Learning.
“We thank HDFC Bank for their confidence and trust in Virtuoso’s tech capabilities,” said Ms. Preeti Nahar, CEO, Virtuoso Infotech. “We are excited to start our growth journey with HDFC Bank and HDFC securities, serving the diversified needs of banking and securities business.”
“We are looking forward to contribute and make a dent in digital universe with our joint capabilities. Bank has always been supporting companies that help them take digitization to the next level,” added Mr. Yogesh Satpute, CTO, Virtuoso Infotech.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.