Actis Selects FirstRain As Provider of Investment Research Services

Actis Capital LP of London, UK selected FirstRain Inc. for use in its investment research process. FirstRain is a California-based provider of real-time business intelligence solutions that has VC backers including Ampersand Ventures, Diamond Ventures and Oak Investment Partners.

PRESS RELEASE

FirstRain, Inc., the leading market intelligence engine, today announced that Actis, a private equity investor investing exclusively in the emerging markets, has selected FirstRain for use in its investment research process. FirstRain’s powerful, institutional-grade technology has been developed by working with the world’s leading hedge funds and mutual funds, and provides market and company intelligence across all global regions around the world.

“We find the company intelligence we receive from FirstRain highly valuable to our day to day work,” said Stuart Jackson, Global Knowledge and Information Manager at Actis. “The timely delivery of interesting, in-depth articles enables us to constantly refine our investment research.”

Actis has been using FirstRain monitoring services for over a year in emerging markets such as Africa, South Asia and China. Each Actis user has a personally configured monitor set up to provide daily alerts on developments impacting chosen companies of interest. Delivered by email on the user’s PC or Blackberry, the FirstRain monitor provides relevant research and reading materials every day, saving time and helping to build up a detailed understanding of each region of interest.

About FirstRain

FirstRain analyzes and filters the most valuable information from the web about companies, management, markets and trends. FirstRain’s technology quickly reveals actionable market intelligence that signal opportunities for sales, marketing, competitive intelligence, finance and investment management professionals. Partners include leading research platforms such as Capital IQ (a division of Standard & Poor’s), Code: Red, FactSet Research Systems, Fidelity.com, Mergent, Seeking Alpha and Wall Street On Demand. FirstRain is a privately held company headquartered in San Mateo, California, with additional offices in New York, and Gurgaon, India. For more information, please visit www.firstrain.com.

FirstRain, Inc. | Jordy Brazier, 415-205-7038 | Marketing | Manager | jbrazier@firstrain.com | SOURCE: FirstRain, Inc.