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KTwo Technologies to raise Rs 15 cr

KTwo Technology Solutions, a Bangalore-based two-year-old software products company, is planning to raise around Rs 15 crore to fuel its expansion plans. The company recorded revenues of Rs 11.56 crore for year-ending March 31, 2009, registering an organic growth of 83 per cent compared to the previous year. The EBITDA was Rs 1.61 crore, a growth of 128 per cent compared to the previous year. The company added 10 new clients during the year.10:07 AM on April 20