BPEA EQT Mid-Market Growth to acquire a majority stake in Indium Software, a fast-growing digital engineering company in India
Summary
• Indium enables enterprises on their digital transformation journey through a comprehensive suite of services, including Product Engineering, Data Analytics, ML and AI, Low-code No-code, Digital Assurance, and Gaming Tech • Indiums blue-chip customer base features multiple Fortune 500 enterprises across various sectors, with a focus on Technology, BFSI and Healthcare industries • Drawing on its extensive track record in the global Tech Services sector, EQT will support Indiums management team in strengthening its go-to-market strategy while continuing to build on next-gen offerings across Generative AI and Advanced Analytics MUMBAI, India, Dec. 22, 2023 /PRNewswire/ -- EQT is pleased to announce that the BPEA EQT Mid-Market Growth Fund ("BPEA EQT Mid-Market Growth") has agreed to acquire a majority stake in Indium Software (the "Company") from existing shareholders. Headquartered in Chennai, Indium is a fast-growing, digital engineering provider, offering cutting-edge technology solutions to enterprise customers and born-digital companies. We are confident of drawing on EQTs extensive value creation playbook in Tech Services and supporting the company on its strong growth momentum." Over the years, we have embraced multiple technology shifts, and today, have become a trusted partner to several enterprises accelerating on their digital and AI journeys. The transaction is expected to close in Q1 2024 BPEA EQT Mid-Market Growth was advised by JSA, Deloitte, and PwC.