What is Virtusa?
Virtusa Corporation is a global information technology services company that provides a comprehensive suite of business and IT consulting, digital transformation, and outsourcing solutions. The company specializes in areas such as business process re-engineering, omni-channel digital strategy, application development, cloud computing, big data analytics, and software quality assurance. Virtusa serves a diverse clientele across the communications and technology, banking, financial services, and insurance (BFSI), and media and information industries, enabling them to achieve operational excellence and drive innovation through technology.
How much funding has Virtusa raised?
Virtusa has raised a total of $2.1B across 2 funding rounds:
Stock Offering
$61.6M
Private Equity
$2B
Stock Issuance/Offering (2007): $61.6M, investors not publicly disclosed
Private Equity (2020): $2B led by Baring Private Equity Asia
Key Investors in Virtusa
Baring Private Equity Asia
Baring Private Equity Asia is a prominent private alternative investment firm focused on sponsoring buyouts and providing growth capital to companies, with a significant emphasis on the Asia Pacific region. Their investment in Virtusa suggests a strategic alignment with global IT services expansion.
What's next for Virtusa?
The recent major strategic investment in Virtusa signals a pivotal moment for the company, likely enabling accelerated expansion of its digital transformation capabilities and global service delivery. This capital infusion is expected to fuel further innovation in areas like AI, cloud, and data analytics, allowing Virtusa to deepen its partnerships and enhance its offerings to enterprise clients. The company's focus on operational excellence and transformational solutions positions it to capitalize on the increasing demand for advanced IT services in a rapidly evolving digital landscape.
See full Virtusa company page
