Bangalore: Information Technology solutions provider, Infinite Computer Solutions, today (June 14, 2004) announced it has secured $ 6 million in funding led by Singapore-based equity investment firm WhiteRock Partners, and said it planned to recruit 600 IT professionals in India before March end.

Top company executives said the money would be utilized towards realising its acquisition goals.

"The infusion of capital will allow us to accelerate our geographic expansion as well as actively examine possibilities of acquiring companies that possess complementary skill sets and clients," ICS India COO, Upinder Zutshi, told reporters.

The company had actually looked to go in for an acquisition in the last fiscal but could not find one with "strategic fit". It is currently in discussions with a number of companies in this regard and hopes to complete the transaction this year, officials said.

Currently listed as one of Nasscom's top 20 IT services companies, Infinite clocked a revenue of Rs 321 crore ($ 70.6 million) in 2003-04 with a 33 per cent growth over the previous year.

Its major development centre is located here, while three others are in the US. The company currently has a total headcount of 1,400, including 650 in India where it is targetted to go up to 1,250 by March next year, Zutshi said.

In India, currently it has offices in New Delhi, Bangalore, Mumbai and Hyderabad, and it would open offices in Pune, Chennai and Kolkata soon, he said. The company has 100 per cent subsidiaries in China and the UK. It is also opening offices in Kuala Lampur, Sydney and Tokyo this year.