Rashi peripherals acquires vda infosolutions for rs 368 5 crore, ETStartup
Summary
Rashi Peripherals is acquiring a 67% controlling stake in VDA Infosolutions for Rs 368.5 crore, with a plan to buy the remaining stake over the next three years. The deal values VDA Infosolutions at Rs 550 crore at full equity value. Rashi Peripherals expects the acquisition to strengthen its position as a fully integrated technology solutions provider. The company also aims to expand further into enterprise cloud infrastructure, AI-enabled IT environments, and cybersecurity.
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AI Classifications
Labels
Software Development
SaaS
Membership Management Software
