Sify Technologies Limited is planning to invest in or partner with technology startups focusing on cloud computing, security and managed services business.
The move is aimed at strengthening the company?s current portfolio of products and services targeted at domestic as well as the international market. The board of directors of Sify Technologies Limited have earmarked funds worth Rs 0.3 billion for the company to invest in start-up businesses. Further, the board of directors is considering the proposal of making available additional funds worth Rs 1.2 billion to Sify Technology Limited for investing in start-up organisations.
