Liquidity Events
Accenture acquires AI and analytics startup BRIDGEi2i
NYSE-listed Accenture is to acquire BRIDGEi2i, an artificial intelligence (AI) and analytics firm headquartered in Bengaluru with offices in the US and Australia. The acquisition will add more than 800 deeply skilled professionals to Accenture's Applied Intelligence practice, strengthening and scaling up its global capabilities in data science, machine learning and AI-powered insights. BRIDGEi2i specializes in data-driven digital transformation for companies across industries and global markets by combining data engineering, advanced analytics, proprietary AI accelerators and consulting services. It helps enterprises drive insights for faster and more accurate decision-making, thereby enabling shorter time to value.
From the Venture Intelligence PE-VC Deal Database: In May-16, BRIDGEi2i had raised INR 21 crore from Edelweiss Private Equity. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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