December 29, 2011 / 4:21 AM / 8 years ago

PE firms invest $108 mln in outsourcer Mu Sigma

MUMBAI, Dec 29 (Reuters) - U.S. private equity firms General Atlantic Partners and Sequoia Capital have invested $108 million in outsourcing services provider Mu Sigma, which has its biggest delivery centre in the Indian city of Bangalore, the IT services company said.

Chicago-based Sigma, founded by Indian entrepreneur Dhiraj Rajaram in 2004, is a provider of analytics and decision support services for global enterprise customers.

Earlier, the company had raised $25 million from Sequoia Capital. (Reporting by Indulal PM; Editing by Ranjit Gangadharan)

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