FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Baldwin Christopher   2. Issuer Name and Ticker or Trading Symbol VIRTUSA CORP [VRTU] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O CHARLES RIVER XI GP, LLC, 1000 WINTER STREET, SUITE 3300 3. Date of Earliest Transaction (Month/Day/Year) 02/29/2008 (Street) WALTHAM, MA 02451 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/29/2008   S   400,000 (1) D $ 11.13 2,577,611 (2) (3) (4) I See Footnotes (2) (3) (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Baldwin Christopher C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM, MA 02451		X
BURNES RICHARD M JR C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET WALTHAM, MA 02451		X
Dintersmith Ted R C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET WALTHAM, MA 02451		X
SACHS BRUCE I C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET WALTHAM, MA 02451		X
Zak Michael J C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET WALTHAM, MA 02451		X
TAI WILLIAM C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET WALTHAM, MA 02451		X

Signatures

/s/ John A. Genest, Attorney-in-Fact for Christopher Baldwin		03/04/2008
**Signature of Reporting Person		Date
/s/ John A. Genest, Attorney-in-Fact for Richard M. Burnes, Jr.		03/04/2008
**Signature of Reporting Person		Date
/s/ John A. Genest, Attorney-in-Fact for Ted. R. Dintersmith		03/04/2008
**Signature of Reporting Person		Date
/s/ John A. Genest, Attorney-in-Fact for Bruce I. Sachs		03/04/2008
**Signature of Reporting Person		Date
/s/ John A. Genest, Attorney-in-Fact for William P. Tai		03/04/2008
**Signature of Reporting Person		Date
/s/ John A. Genest, Attorney-in-Fact for Michael J. Zak		03/04/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents 388,134 shares sold by Charles River Partnership XI, LP ("CRP XI"), 9,804 shares sold by Charles River Friends XI-A, LP ("CRF XI-A") and 2,062 shares sold by Charles River Friends XI-B, LP ("CRF XI-B").
(2)	Represents 2,501,153 shares held by CRP XI, 63,173 shares held by CRF XI-A and 13,285 shares held by CRF XI-B.
(3)	Charles River XI GP, LLC ("CR XI GP LLC") is the General Partner of Charles River XI GP, LP ("CR XI GP LP"). CR XI GP LLC is also the General Partner of CRF XI-A and CRF XI-B. CR XI GP LP is the General Partner of CRP XI. CRP XI, CRF XI-A and CRF XI-B (collectively, the "Partnerships") form a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934. Each of Izhar Armony, Christopher Baldwin, Richard M. Burnes, Jr., Ted R. Dintersmith, Bruce I. Sachs, William P. Tai, and Michael J. Zak is a managing member of CR XI GP, LLC.
(4)	Accordingly, each of CR XI GP LP, CR XI GP LLC and Messrs. Armony, Baldwin, Burnes, Dintersmith, Sachs, Tai, and Zak (collectively, the "Management Persons") may be deemed to beneficially own the securities owned by the Partnerships. Each of the Management Persons disclaims beneficial ownership of the securities reported herein held by the Partnerships, except to the extent of such person's pecuniary interest in each applicable Partnership, if any. The filing of this statement by any reporting person shall not be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
Remarks: Each of  Charles River Partnership XI, LP, Charles River Friends XI-A, LP, Charles River Friends XI-B, LP, Charles River XI GP, LP, and Charles River XI GP, LLC  (the "Charles River Entities") is also a reporting person.  Because the SEC's filing system will not accept CIK and CCC codes from more than ten joint filers of a report, the Charles River Entities have filed separately from this Form 4.  Such other Form 4 and this Form 4 relate to the same securities and transactions.  Thus, in total, there are eleven (11) joint filers:  Charles River Partnership XI, LP, Charles River Friends XI-A, LP, Charles River Friends XI-B, LP, Charles River XI GP, LP, Charles River XI GP, LLC, Christopher Baldwin, Richard M. Burns, Jr., Ted R. Dintersmith, Bruce I. Sachs, William P. Tai, and Michael J. Zak.  Izhar Armony files separately with respect to Virtusa Corporation.

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