EQTs Fund To Acquire Majority Stake In Indium Software
Summary
This acquisition will have no impact on Indium’s leadership and the company’s Co-founder, Ram Sukumar, will continue leading the firm as CEO. The company said BPEA EQT mid-market growth will support Indium in its next phase of growth, drawing on EQT’s global experience in tech services with about USD 11 billion invested in the sector in Asia, in-house digitalisation capabilities and a global network of industry experts. Indium has highly impressive digital capabilities and a strong client roster of global blue-chip enterprises. We are confident of drawing on EQT’s extensive value creation playbook in Tech Services and supporting the company on its strong growth momentum”. On similar lines, Ram Sukumar, Co-founder and CEO of Indium said, “We are truly excited about welcoming EQT as our partner and we hope to leverage their global footprint to scale our business.”