Microfinance Focus, March 18, 2011: Bangalore-based BPO Vindhya e-Infomedia (Vindhya) has successfully raised venture funding from ACCION International and the Michael & Susan Dell Foundation. Unitus Capital was the sole advisor to Vindhya for the transaction. The amount of the private equity fund raised by Vindhya has not been disclosed.

Vindhya’s customer base primarily comprises of info-tech and microfinance companies to whom the company offers data management and processing solutions. The key differentiator for Vindhya is the fact that their employee base is largely comprised of people with disabilities. The organization has been recruiting, training and employing differently-abled people since inception in 2006. Currently, nearly 90% of the employees are physically disabled and also lack access to economic and other opportunities.

ACCION is making the investment through its Frontier Investments Group, an early-stage equity fund that invests in breakthrough technologies and disruptive business models.