Erasmic - Incubation Fund
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Track Record



Galvanon
www.galvanon.com

Recently acquired by NCR



Small Device Small Device Technologies
www.small-device.com
    Acquired by Digital Chocolate in April 2007


Mu Sigma Mu-Sigma
www.mu-sigma.com
  1. Founder from Chicago looking for partner in India, for services oriented business in Analytics, Statistical Modeling, Simulation, etc.

  2. Erasmic helped with the following
    • Helped US based founder launch company in US and India
    • Arrange part of the seed funding through our networks
    • Interim COO role for the company, including complete back-end support in Delivery, running Indian operations, Pre-sales support, Hiring, Training, etc.
    • Hired VP Operations
    • Scaled operations to 12+ members in India, including 2 senior managers to handle technical and operational aspects going forward
    • Strategic access to key Business Development and other leads in the US


Nuware Technology Corporation Nuware Technology Corporation
www.Nuware.com
  1. NuWare is a global provider of technology solutions and strategic offshore IT services to Fortune 500 companies in the Financial Services domain


Pension Retirement Online Inc. (PRO) Pension Retirement Online (PRO)
www.proinc401k.com
  1. Chicago based BPO startup focused on providing Retirement Plan Processing (401K) and Administrative Services out of India

  2. Erasmic helped with the following
    • Provide necessary seed funding
    • Setup operations for Daily Record Keeping and other 401K Transaction Processing type “back-office” functions
    • Hire and train staff in US 401K regulations to support entire gamut of back office processing (Mutual Fund Account Setup, Distributions, Contributions Analysis and Processing, Loan Processing, 1099-R processing and Discrimination Tests)
    • Develop tools to automate day-to-day processes both Onsite and Offshore
    • Offshore Support for Pre-sales and for Online Lead generation
    • Help close strategic partnership with US consultant to increase sales

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