On Wednesday, the SRI Capital made a declaration informing one and all regarding its investment of about USD 2 million in the Software company, Foyr, whose headquarters is situated in Singapore. The brand has been collaborating with several interior designers, architects, and property developers.
The headquarters of For are situated in the Singapore. The company aims to use the funding provided or the investment made in making a suitable entry into the US market. The US market is regarded as the biggest market that has emerged in the recent 2 years.
Doc Parghi, partner at the SRI asserted that "We are delighted to back a seasoned tech executive like Shailesh Goswami who has built world class products at Microsoft earlier before founding Foyr. We intend to help him acquire the first few customers in the US and set up his sales presence here."
The founder and the CEO of Foyr, Shailesh Goswami expressed his happiness and gratitude towards the fund provided by the SRI. He affirmed, "We are excited to be backed by SRI Capital which is one of the only VCs who understands the US market as well as Indian development teams. Having a successful sales professional like Doc Parghi joining our board and helping us think through the US market entry will make us better prepared as we launch in the US later this year."