Slowdown continues; VCs invest $13.4-M in BPO sector during Oct-Dec. 2004

The decline in VC investments in the BPO sector continued, with only 2 Indian companies raising funds to the tune of $13.4 million during the quarter ended December 31, 2004. The quantum of funds invested, as well as the number of deals, was significantly lower than in the same period in 2003 (during which 5 […]