|
Palred Technologies
|
|
</noinclude> Palred Technologies Limited (formerly Four Soft Ltd.) is an information technology company headquartered in Hyderabad, India. It provides technology solutions for online e-commerce companies. History Early history Palred's predecessor, Four Soft Ltd. also known as Four Soft was established in 1999. Four soft was initially created as Four Soft Private Ltd. in Hyderabad in the state of Andhra Pradesh, India. The company operated in the software development industry and provided solutions to the transportation and logistics sector. Mr. Koh Boon Hwee, Ex-Chairman of Singapore Telecom, Singapore Airlines, DBS bank was the founding chairman of Four Soft. Mr. David Beatson and Mr. M.M.Pallam Raju has served as its Board Members. 2001 - Four Soft created a subsidiary called Four Soft LLC, San Francisco (USA), to support its expansion in America. 2003 - Four Soft was converted into a public limited company and listed on both the National Stock Exchange of India and the Bombay Stock Exchange. In October 2015, Palred Technologies reduced 60% of its exiting equity capital by returning Rs 16.50 per share to shareholders. In March 2017, the company said in a statement that it raised Rs 22 crore (U.S. $3.34 million) in its latest round from investors including Matthew Cyirac, former co-head of Blackstone's private equity business in India, Ashish Dhawan, founder of Chrys Capital, K.Madhavan, joint managing director of Star TV India. The funding is intended for expansion through investment in additional infrastructure and brand building. Description Palred Technologies Limited is the parent company of Palred Online Technologies Pvt. which owns LatestOne. The company operates mainly in eCommerce, information technology. 
|
| < Prev | Next > |
|---|
Main Menu
| Home |
| Articles |
| Search |
| Submit Article |
| Contact Us |
| Donate to Wikibin |
