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Eka Software in talks with PAG, TA Associates, Advent for enterprise sale at $450-M valuation

Economic Times  

Eka Software, an enterprise cloud platform for commodity and supply chain management, has put itself on the block. It is in talks with global private equity firms such as PAG, TA Associates and Advent International for the same. The company is valued at USD 450 million. Eka provides a commodity management platform covering trading and position management, physical supply chain, enterprise risk management and compliance and analytics. In 2013, the company had raised USD 40 million from Silverlake Kraftwerk. Nexus Venture Partners had backed the company in 2009 with a USD 10 million cheque.