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Trianz, a global operations consulting, technology and outsourcing services firm, today announced that it has partnered with the New York Life Investment Management India Fund (FVCI II), LLC (“NYLIM India Fund”), a Mauritius based foreign venture capital investor. Trianz will use the funds towards expansion of its business lines as well as grow its international presence.
Established in 2001 in Silicon Valley as a high-end management consulting services firm, Trianz has grown in the US, and expanded its presence in India, Singapore and Japan. Today, Trianz serves clients around the world through a seamless one-firm culture, offering high end business consulting and technology services. Future plans include tapping new geographies and service segments in the United States, Europe, India and Asia-Pacific through both the organic and inorganic routes.
“In a short span of five years, Trianz has achieved success as a premier consulting, technology and outsourcing services firm in extremely competitive US, European and Japanese markets. We have established a unique execution oriented value proposition and strong track record of success with clients. We are now ready to scale Trianz as a blue-chip professional services firm with a wide range of services for our global clients. Supporting our aggressive growth, we believe a partnership with NYLIM India Fund enables us to invest in the organization and infrastructure such that we continue to exceed our client’s expectations. Trianz has always been a diverse global firm and this offers our current and future employees a tremendous opportunity to be part of an exciting growth story and making of a blue-chip” said Sri Manchala, CEO and President, Trianz.
Ronald Oehm, Chairman of Trianz commented, “Working with investors who are committed to building a global brand and a competitive professional services firm is important. The support we have received from SBICAP our advisors and NYLIM India Fund not only validates the strength of our unique hybrid business model of management consulting and technology services but also speaks volumes for the future that lies ahead of us in a global scenario.”
Srinivas Chidambaram, Managing Director of Jacob Ballas Capital India Pvt Ltd (“JBC”), investment advisor to NYLIM India Fund, said, “With a strong leadership team, unique approach and strong client relationships, Trianz is a great example of a company poised to grow into a leadership position in global consulting and technology services including product engineering. We look forward to being part of the company’s continued success.” JBC, based in New Delhi, is the investment advisor to the two India focused private equity funds, New York Life International India Fund (Mauritius), LLC and the New York Life Investment Management India Fund II LLC.
According to Mr. A. P. Verma, President and COO, SBI Capital Markets Limited (SBICAP), the Investment Banking Subsidiary of State Bank of India and Financial Advisor to Trianz, ”We have been witnessing the steady growth of Trianz and are confident that Trianz will be one of the leading blue chip firms of the future. We look forward to having a strong relationship with Trianz and being a part of their accomplishment.”
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