Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Wat Blog - Connecting Web - Advertising - Technolog (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

iYogi Puts Off IPO Launch, Focuses On Expansion Instead

% of readers think this story is Fact. Add your two cents.


Tech Support Company iYogi has taken a critical decision to postpone its IPO launch. The company will now focus on organic expansion from its US base to Indian & European companies. Having been the recipient of some serious rounds of funding, the company is now easily able to surpass US$ 100 Million in yearly revenues. But, owing to non-favorable global economic conditions & general dreary outlook pertaining to IPOs the company has put off becoming a listed company on the US Stock Exchange.

Quizzed about the same CEO and founder, Uday Challu, said, “We had plans of a US listing last year as the market there provided a window for young companies like us. But then, the market turned and we lost that advantage. It is getting better now and once the market is ready, we will go for an IPO”. But since the economic turnaround is very recent & the markets are beginning to just stabilize, let alone ascend, the CEO couldn’t specify a timeline.

iYogi has a very simple & effective business proposition., It offers online (i.e. remote) & on-site tech support. It has multiple subscription based plans. In essentiality it is a Tech Help company that coincidentally does not distinguish between individual & corporate customers. The company has annual subscription plans for both. Offering Tech Support is certainly not a niche field. However, one can survive & also grow only if one provides comprehensive solutions that do not complicate the process of getting the systems back online. Hence, despite having to face multiple regional rivals companies like iYogi, which include eTechies, PlumChoice & Geek Squad manage to get customers who want a hassle free commitment policy that assures service & reliability with minimum paper-work & fastest turnaround.

Having started with B2C operations, iYogi has now SMBs within its sights. With a dire requirement of qualified & reliable technicians in the IT field, it will be interesting to see how iYogi achieves its expansion plans.

Image Courtesy | pcworld

Looking For A Social Media Agency?? – Contact WATConsult – India’s Leading Social Media Agency

WATBlog is India’s Best Blog Of 2009 and is owned and managed by WATMedia Pvt Ltd a Digital Media Company that aims at being the thought leader in the space by Connecting the Web, Advertising and Technology (WAT) Industry in India.


Source:


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.