Quovantis Acquired By emids

Emids, a leader in digital engineering and transformation solutions announced the acquisition of Quovantis Technologies.

Acquired By

Seller

Quovantis Technologies

Buyer

Emids

Focus Sector

Digital engineering & product design

Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, today announced the acquisition of Quovantis Technologies, an award-winning user experience design and software development company that enables health technology and product companies to deliver compelling digital experiences for web, mobile and wearables. The terms of the deal were not disclosed.

Emids, which has built its reputation as one of healthcare’s most trusted partners for health information technology (HIT) engineering and development, is going strategically upstream with this latest deal on the heels of its acquisition earlier this year of design-led engineering firm Macadamian.

The combined expertise puts emids in a unique position, offering its clients industry-leading data science, engineering and business strategy acumen plus the ability to take an innovative idea from concept to MVP to full-scale enterprise solution and with speed to market.

“We take a human-centered and iterative approach to innovation,” said Quovantis Founder and CEO Tarun Kohli. “Our customers don’t have to wait months to launch their products to understand a product-market fit. We help them launch products incrementally, see what we did right or wrong, and then calibrate that.”

Kumar Kolin, emids Chief Technology Officer, said, “The addition of Quovantis now gives us permission to say, let us sit down with you to think about the problem you’re trying to solve for, let’s help you build, test and iterate that solution, and let’s see it all the way through with you and help figure out how to scale it for the enterprise. This puts emids on the map as a top-tier product development partner, capable of the design, build and large-scale commercialization of novel digital ideas and technologies.”

Emids sees this as an increasingly important capability in the midst and wake of COVID-19, where emids’ deep healthcare domain expertise puts its partners at a distinct competitive advantage in bringing mobile, web, cloud and emerging technology solutions to market faster.

Kohli describes Quovantis as, “The company that gets married to the users’ problems and creates delightful solutions using the combination of design, strong engineering culture, and iterative development approach. I like to think of design-led engineering as the connective tissue that brings emids customers the benefit of nimbleness combined with a deep understanding of design-led engineering in the entire healthcare stack.”

About Buyer

Emids is a leading provider of digital transformation solutions to the healthcare industry, serving payers, providers, life sciences, and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 2,300 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients.
www.emids.com

About Seller

Quovantis is an award-winning user experience design and software development company that enables health technology and product companies to deliver compelling digital experiences for web, mobile and wearables. With close to 300 skilled engineers, designers, and software architects, Quovantis has been recognized as one of India’s Top 50 Great Mid-size Workplaces as well as among India’s Top 75 Best Workplaces for Women by the Great Place to Work® Institute.
www.quovantis.com.

Our Transactions and Clients

Acquired By

JLL Acquires ValuD Consulting to Give its Clients Access to Cutting-edge Technologies

Acquired By

L&T Technology Services Ltd, a leading global pure-play engineering services company, has completed the acquisition of Bengaluru-based Graphene, a provider of end to end semiconductor services.

Acquired By

AuthBridge Research Services which offers employee background screening solutions Monday said it has acquired Bengaluru-based Footprints Collateral Services.

Acquired By

Staffing services firm TeamLease Services will acquire 30 per cent stake in job portal Freshersworld.com at an enterprise valuation of Rs 18 crore, a move that will accelerate its hiring strategy.

Raised Series A

Singapore-based startup KaHa has raised US$4.5 million in funding from investors

Acquired By

Saksoft Limited signed an agreement to acquire majority stake in Bengaluru based DreamOrbit Softech Private Limited

Raised Series A

FabAlley raises $2 million in Series A funding round from India Quotient and others

Raised Series A

Two top venture capital firms, SAIF Partners and IDG Ventures India have led a Rs 27 crore round of funding in Bengaluru-based mobile social gaming startup PlaySimple Games.

Acquired By

Staffing firm TeamLease Services Limited today announced signing of a definitive agreement to acquire NichePro Technologies (NichePro) for an enterprise value of about Rs 29.5 crore.

Raised Series A

Reverie Technologies, a Bengaluru-based startup that devises local language solutions for the internet, has raised $4 million in Series A funding from Aspada Investment Company and Qualcomm Ventures.

Raised Series A

YourStory, India’s largest media tech company for entrepreneurs, big and small, today announced its Series A funding led by Kalaari Capital, with participation from Qualcomm Ventures

Acquires

Bengaluru-based ed-tech startup Simplilearn, today announced a $10 million deal to acquire Market Motive.

Raised Series C

Ed-tech startup Simplilearn secures $15M in Series C funding led by Mayfield

Raised Series B

Robosoft Technologies, a leading mobile solutions provider has secured its second round of funding from Ascent Capital

Raised Series A

Aurus Network raised $3 Million from venture capital firms Kalaari Capital and IDG Ventures India for scaling up its product offerings to other competitive exams and speed expansion into newer markets across India.

Acquisition Of Majority

Saksoft Ltd has acquired a 51 per cent stake in ThreeSixty Logica Testing Services, a privately held independent software testing service company, for an undisclosed sum to strengthen testing and quality assurance (QA) service offerings.

Acquires

Chennai-based technology services firm Aspire Systems Pvt Ltd acquires services division of SRA Systems

Acquired By

Aspire Systems acquired Hyderbad-based software services firm Versant Technology that specialises in Oracle retail solutions for an "undisclosed amount".

Raised Series B

Online education and training startup Simplilearn raises $10M from Helion Venture Partners and existing investor Kalaari Capital

Acquired By

Kellton Tech Solutions Ltd completed the 100% acquisition of Skan Dbydx Software Pvt Ltd

Acquired By

Wirkle, a Gurgaon-based mobile applications development company, has been acquired by San Francisco-based Location Labs, a leading mobile and location-based services firm.

Raised Series A

Khetal Advisors, the sole advisors who helped Simplilearn.com raise capital from Kalaari Capitalto fund its expansion plans in offering world class professional certification training.

Acquired By

Kellton Tech acquired information technology company Tekriti Software Pvt.

Acquired By

Symphony Service Corp, global software product engineering services firm, entered into an agreement to acquire Proteans Software Solutions.

Acquired By

Idhasoft acquired software company Grey Matter India Technologies Pvt.

Acquired By

TechUnified acquired by ORG in for USD 12.5 million.

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.

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.

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.

Raised Series C

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

Acquires

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

Acquired By

India-based IT and outsourcing company Kellton Tech announced that it has completed the acquisition of Tivix, a US-based firm that develops cloud-connected web and mobile applications.

Raised Series A

A full stack platform to manage Diabetes has raised Series A from Parkview, Leo Capital and Blume Ventures.