Basab Pradhan along with a team of ex-employees from Infosys technologies have raised funds from US based hedge fund Maverick Capital and Boston based Charles River Ventures for a business process outsourcing company....
Gridstone Research (nee Perputo) has emerged from stealth, with new venture backing from Charles River Ventures, among others. Its ex-Infosys team is coming clean that the financial services technology company will offer investments tools for hedge fund managers, analysts, and portfolio managers....
Basab Pradhan, ex-Head of Global Sales at Infosys, left the company a couple of quarters back to set up his own outfit, Gridstone Research, which is targeted at the US fund managers and hedge fund managers who do equity research in a fundamental way....
Gridstone Research (known thus far as Perputo, Inc.), a provider of analysis and tools for investment managers, today announced the completion of a financing round led by Charles River Ventures (CRV) and Maverick Capital Ltd (Maverick). In connection with the financing, Izhar Armony from CRV and David Singer from Maverick will join the company's Board of Directors. Funds from this round of financing will be used to expand the company's product offering, ramp up operations in India and for Sales & Marketing.