M&A

ChrysCapital-backed Xoriant acquires consulting firm Thoucentric

Business Line  

Sunnyvale, CA (USA)-headquartered Xoriant, a digital engineering services company backed by Indan PE firm ChrysCapital, has acquired Bangalore-headquartered Thoucentric at a valuation of USD 10-12 million. Thoucentric focused on solving business problems using digital solutions in the supply chain, sales and distribution, and finance domains.

From the Venture Intelligence M&A Deals Database: In Jan 2023, ChrysCapital had acquired Xoriant for a reported USD 250 million.

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