“Axon is very pleased to be working with iYogi, further expanding our technology portfolio in India. We have been impressed by iYogi’s technology, energy and professional management. Technology is one of the hot investment areas and is one of Axon’s core investment focuses worldwide, so we believe that iYogi represents a great opportunity for our investors.”
This has granted iYogi a significant opportunity to double its revenue in the coming years. The recently launched service in Spain through a partnership with Telefonica group has led to the expansion of iYogi’s tech support service in Latin America and Spain as well.
“It’s great to have Axon Partners Group on board, as their presence will help accelerate our expansion into Latin America. Spanish is the 2 most popular language across the globe and key markets across the Latin American region are witnessing rapid growth in devices, which presents a tremendous growth opportunity. We plan to initially focus on the four geographies in this region. It’s great to have the right investors backing us as we change gears,”
“iYogi is our fourth investment in India and we look forward to supporting the team in their expansion into new business verticals across the different geographies, specially Europe, Latam and some African countries. We have experienced working with various large telecommunication operators worldwide, which also provides an added advantage to iYogi’s business plans going forward.”