Hurix Systems gets $5 mn from Helion

Mumbai-based e-learning and publishing services company Hurix Systems Pvt. Ltd has received second round funding of $5.1 million (Rs20.2 crore) from Bangalore-based venture capital firm Helion Venture Partners.

Kanwaljit Singh, managing director, Helion Venture Partners. Singh, along with Natarajan Ranganathan, CFO at Helion, will join Hurix’s board. Hurix had received funding of Rs5 crore at the inception stage from Kotak Mahindra Venture Capital Fund, the VC arm of Kotak Mahindra Finance Ltd.

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[kumar]

is it ? really....