Go4customer Secures VC funding to Fuel Explosive Growth

Cyfuture India Pvt. Ltd. "Go4Customer" a fast growing BPO company based at Jaipur today announced that it has secured financing from RIICO (RIICO is also the sole government agency in the State involved in development of land for industrial enterprises) & SIDBI (Small Industries Development Bank of India was established in April 1990 under an Act of Indian Parliament as the principal financial institution in which Central Government is having the controlling stake) through their venture capital arm Rajasthan Venture Capital Fund (RVCF). Now both these companies have close to 4% equity stake in Cyber Futuristics.

Mr. Anuj Bairathi, Head (Operations) announced today that the new funding would be used to build a state of art 1000 seated Call Centre Facility at IT Park of Sitapura Industrial Area, Jaipur, for which the construction has already been started. He further told that the new facility would help Go4customer to boost sales and marketing initiatives and procure more business resulting better employment opportunities in the state.

Mr. Bairathi told that VC's have shown the full confidence in the fundamentals, past performance and in the leadership of the company. The multifold growth in short span of time & vision of management is taking the company in the right & planned direction.

Company Plans to start first phase of operations in the month of August 2005 with 300 seats in the new facility.