Sequoia Capital India does series A round of investing in TutorVista. The investment is around $2 million. It is founded by Ganesh K who is a serial entreprenuer with earlier successes like Customer Asset(BPO). Tutorvista according him is a “new generation education company” that is challenging the “cyber coolie” label given to the Indian BPO sector and is offering a more specialized outsourcing service called KPO — or knowledge process outsourcing.
I have met Ganesh a few times in TiE bangalore meetings, he comes across a very energetic and is extremely analytical and he gave me some very good feedback on my ideas.
I found it very amusing that I could not find any link in any of the online space( online papers or blogs(like contentsutra or alootechie etc) or even Sequoia/Tutor’s website) where I could link to this piece of news. I read this news in todays edition of Economic times. We need some place(site or a blog) where we can gat information of what is going on in the startup scene in India.
update: Contentsutra refers to businessstandard article here