Kolkata: iVision Inc, a New York-based `technology fulfillment services company,' has announced the setting up of a 100 per cent subsidiary in Kolkata. The Indian subsidiary will be used for identifying local vendors who can deliver IT services to iVision Inc's clients in the US.

According to iVision Inc, the company follows a client-centric business model and is focused on offering IT services to small and medium enterprises (SMEs) in the US. It also focuses on select verticals such as video gaming, BPO, ERP and embedded software.

iVision is keen to offer its platform as a marketing plank to niche Indian software companies in the SME segment who can thereby showcase their products and services to prospective clients in the US, the company has said.

The turnover generated by the US company is currently in the range of $1.5 million-$2 million.