PurpleYogi to expand Indian presence

BANGALORE: PurpleYogi, Inc, an infrastructure software company, has announced

its growth plans for India. The company plans to increase its employee strength

to 200 by next year and expand its India Development Center to cater to its Yogi

Discovery Systems. Located in Bangalore, the 20,000 sq. ft. center  has 23

professionals currently.

The company introduced a downloadable Yogi to illustrate its Yogi Internet

Discovery System in the US last month. The Yogi is a personalized, online

content discovery Web assistant that connects users to the content most relevant

to them. PurpleYogi also received $15.3 million private equity from a group of

investors led by SOFTBANK Venture Capital. This round also included investments

from Intel Capital, Skyblaze Ventures and individual investors.

Speaking about the India center, PurpleYogi founder, chairman and CEO Rakesh

Mathur said, "The India Development Center is a significant investment for

us. It will play a strategic role in helping us meet our ambitious product

roadmap and scale our development processes to deliver robust content management

and active knowledge management solutions for portals, publishers and Fortune

500 enterprises."

"It is satisfying to know that the early members of the India

Development Center played a critical role in developing the world's first

Internet Discovery System," said PurpleYogi's India Country Manager D P

Samantarai. "PurpleYogi's plans are exciting and challenging. The India

center will look at tapping exceptional software skills and talent in India to

develop and create more of the world's firsts where infrastructure software is

concerned," he added.