iYogi Snags $9.5m

Remote technical support services provider for consumers and small businesses iYogi has raised $9.5 million in a Series B round led by SAP Ventures.

Canaan Partners and SVB India Capital Partners also participated in the latest round.

For an annual subscription fee of $199.99 per desktop, iYogi provides support for different technologies including PC hardware, Windows, software applications, peripherals and multifunctional devices.

Personal offshoring, or the kind of consumer-focused technical support provided by iYogi, is touted as the next wave of India’s outsourcing success story.

iYogi claims to have 50,000 customers and a 93% satisfaction rate.

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