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US-BASED GLENROCK GROUP INVESTS US$4 MLN IN INDIA'S PANGEA3.
MUMBAI, April 3 Asia Pulse - US-based strategic investment and advisory firm, the GlenRock Group LLC has pumped US$4 million into legal outsourcing and patent support service provider Pangea3.
The funding would be used for the company's ongoing expansion plans and also to meet growing demand in the outsourced legal services domain, Pangea3 co-CEO Sanjay Kamlani said here.
"We have received an investment of US$4 million. This will be used to set up a new office and for an 100 per cent increase in workforce by the end of this year," he said.
As per the understanding, founder of GlenRock, Lawrence Graev will join Pangea3's board of directors as Chairman.
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