| SDD GLOBAL GETS 2 MILLION DOLLAR IN FDI
Mysore, Sept. 26- SDD Global Solutions Private Limited, the only legal services outsourcing company in India managed by a US law firm has announced that it has entered into a comprehensive funding arrangement with SFP Priority Co., Ltd., a member of the SFP group, a leading Asia-based investor. The arrangement underscores the significant demand for, and growth potential of, SDD Global Solutions’ high-end legal services offshoring business.
This multi-faceted arrangement provides for a first round of USD 2 million, to be followed by subsequent rounds on an as-needed basis.
“We are very pleased with this tremendous vote of confidence in both our Company and Indian legal services outsourcing generally,” said Russell Smith, Chairman of SDD Global Solutions. “This will help us to more rapidly expand our business and to play an even larger role in the paradigm shift in the way legal services are delivered in the West,” said Smith.
This arrangement is a key component of Mysore-based SDD Global Solutions’ strategic plan to expand and consolidate its position as one of the industry’s leading players. The funding will be used primarily to (a) hire additional Western-licensed attorneys to augment both the Company’s extensive employee training program in India and its range of services offered; (b) expand its global marketing efforts, and (c) step up its ongoing recruitment drive for the best and brightest law graduates in India.
Speaking to Star of Mysore, Smith said “the SFP has the financial resources to take our company all the way. We now have all the backing we need.”
See original article here
|