Nettlinx, the Hyderabad-based internet infrastructure company, has raised $3 million (Rs 20 crore) from strategic investors, who will enrich the company's prospects in acquiring European industrial companies.
The Netherlands-based EXchange Investors NV and Dubai-based TransGlobal FZC, have been allocated share warrants on preferential basis and will be working closely with Nettlinx, in its diversification. These two funds will provide strategic support that will enable the company to identify and acquire companies with experience in the industrial space. These funds will also help it to raise further capital and debt with lower interest rates from the European Banks.
Nettlinx provides a portfolio of high quality Internet solutions for data voice and security, to cater to the corporate customer needs. Leveraging its technological and regional presence, it is able to bring value and strong support to the customers. The company has strategic and long lasting relationships with major telecom operators in India and as well.
