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LINUS Capital invests in Indian websiteAdd to Clippings

PTI
[ SUNDAY, MAY 07, 2006 02:19:50 PM]
MUMBAI: LINUS Capital, a US based boutique investment and advisory firm, has decided to invest in social-networking site, 'Sixer'.

The Hyderabad-based website, targets cricket fans in the country.

"We hope that 'Sixer' will be an online platform where millions of cricket fans could connect with other fans in the country. The investment will help us build 'Sixer' into a leading online brand. This will also help us make other acquisitions and investments in the Internet space,"said, Linus managing director Sunny Burra.

He however, did not disclose the amount Linus would invest in 'Sixer'.

This will be the company's second investment in the country. "Our first investment was Linus Infotech, a Business Process Outsourcing company," Burra said.

Linus capital is also planning for investments and buyout in the internet and the BPO space in India.

"We primarily focus on investments or buyouts in Internet Wireless Services, and BPO space. Currently, we are looking for investment opportunities in mobile content services along with add-on acquisitions for Linus Infotech in the BPO space," Burra said.

LINUS Capital is a boutique investment and buyout group focused on investing in cross-border opportunities in both the US and in India.

The company has operations in San Francisco and in Hyderabad.

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