Saksoft Limited — JV/Acquisition, 21-12-2024: Acquisition

Saksoft Limited has executed a Share Purchase Agreement to acquire 100% equity interest in Zetechno Products and Services Private Limited for a cash consideration of approximately ₹2.59 crores. Zetechno, based in Hyderabad, specializes in ServiceNow consulting and implementation, with a turnover of ₹3.33 crores for the year ending March 31, 2024. This acquisition aims to enhance Saksoft's capabilities in IT Service Management and expand its service offerings on the ServiceNow platform. The transaction is expected to close within the next four weeks, positioning Saksoft for strategic growth in the IT services sector.