Earlier, SAP Ventures focused on the US market and had been looking out for companies to invest in India for the past 18 months. Now, they are planning to allot about 30% of their fund to investments in India.

iYogi, which operates in the US, UK and Canada, is planning to use the funds to fuel its expansion into 12 new regions, including Australia and India, by 2009. The company offers its customers an unlimited, annual tech support service subscription for $120 per desktop that includes support for PC hardware, software applications, peripherals and other devices.

“We are adding about 6,000 new customers every month. We are delighted to have the support of three great investors as we increase our market share,” said Uday Challu, CEO, iYogi. The company has set a revenue target of $100 million over the next three years.