Liquidity Events
Accenture to acquire data analytics co Flutura
Dublin, Ireland-headquartered global IT services and consulting company Accenture is to acquire Bengaluru-headquartered data analytics and industrial artificial intelligence (AI) company Flutura. The deal is expected to strengthen Accenture's industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to accomplish their net zero goals faster. Flutura's about 110 professionals specialize in industrial data science services for manufacturers. Its platform provides solutions for process, asset management and reliability engineering teams to assess, predict, and improve the asset performance, reliability, throughput and energy efficiency outcomes of production.
From the Venture Intelligence PE-VC Deal Database: In Feb-17 Narotam Sekhsaria Family Office,Vertex and Lumis Partners had invested more than INR 51 crore in Flutura (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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