Seller

Techchefs

Buyer

Virtusa

Focus Sector

Product Engineering

Virtusa has signed a definitive agreement to acquire TechChefs Software Pvt Ltd, full service OPD partner to Fortune 500 companies specializing in Software Development & Product Engineering. The company works on a recurring model through their Offshore Dedicated Centre in India

About Buyer

Virtusa is a global provider of digital business transformation, digital engineering, and IT outsourcing services. They help companies in various industries, such as banking, healthcare, and telecommunications, accelerate their journey to a digital future. Virtusa offers a range of services, including IT consulting, application development, cloud services, and business process automation.
www.virtusa.com

About Seller

TechChefs is a leading software and product engineering company headquartered at Bangalore, the silicon city of India. Founded in 2015, the company has 300+ employees delivering world-class solutions to a global clientele.
www.techchefs.in

Our Transactions and Clients

Acquired By

Communications network major Havas Group has picked up the majority stake in Think Design, a leading independent user experience consultancy and design studio, for an undisclosed sum as part of its inorganic expansion plans for India.

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Acquired By

Larsen & Toubro Infotech (LTI) has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company for an enterprise value of Rs 38 crore.

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Raised Growth Capital

Marketing automation and customer-relationship platform LeadSquared has raised $3 million (Rs 21 crore at current exchange rate) in a Series A funding round led by Stakeboat Capital.

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Raised Series C

B2B foodtech startup Hungerbox raises funds from Paytm as a part of ongoing Series C round.

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Acquires

India-based staffing firm TeamLease Services announced that it has purchased a majority stake in India-based IMSI Staffing.

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Acquired By

Mumbai-based L&T Infotech (LTI) has signed an agreement to acquire a 100% stake in Pune-based Cuelogic Technologies for $8.4 million in a full-cash transaction.

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