We take pleasure in welcoming Omidyar Networks (ON) (www.omidyar.com) as an investor into NeoGrowth. ON is a philanthropic investment firm established by eBay founder Pierre Omidyar and his wife Pam. ON seeks to catalyze broad, positive social impact by funding both for -profit companies and nonprofit organization around the world.
The equity infusion now raises the capital base of NeoGrowth and is significant step towards achieving our ambitious growth plan. We also welcome Ms. Dimple Sanghi, Director, Investments at ON to our Board of Directors. Ms. Sanghi joined ON in 2012, she has over 21 years of in-depth knowledge in financial services, including more than 11 years in private equity in India. Most recently, she served as managing director at Everstone Investment Advisors. She earned her law degree from Mumbai University, and is a fellow member (FCA) of the Institute of Chartered Accountants, India.
We value our relationship with ON. We also look forward to building NeoGrowth into an impactful and successful business in the years ahead.