IT Platform NextGen Secures Funding From Mumbai Angels and Others


Image Source: Consultadd Website

Bangalore based IT platform NextGen PMS Pvt Ltd., which owns and operates NextGen, has raised an undisclosed amount of funding from Mumbai Angels and a group of unnamed strategic investors, based in India and the Silicon Valley.

As reported by VCcircle, redBus co-founder,Phanindra Sama and retail industry veteran Bejou Kurien will join the board of the company. The funds will be used for customer acquisition, augmentation of its technology base and other expansion plans.

NextGen has developed p3-a cloud- and mobile-based CSR and sustainability management platform that helps companies track, monitor, evaluate and report on their CSR and sustainability performance. This product has been developed along with IT services firm, Mindtree.