AION Capital to acquire InterGlobe’s backend unit for Rs 1,600 crore - Feedback

AION Capital Partners, the joint venture between global PE fund Apollo Global Management and domestic fund ICICI Venture, is acquiring InterGlobe Technologies (IGT), a leading IT & backoffice arm of travel major InterGlobe Enterprises, for $230 million (Rs 1,600 crore).

IGT provides services in the entire spectrum of travel, transportation and hospitality domain globally. InterGlobe Technologies manages a number of back-end IT-related tasks for customers in the aviation, travel and hospitality industry, and has operations spread across multiple geographies through its 14 delivery centers. Interglobe Technologies offers integrated IT-BPM (business process management) services comprising application development and maintenance, mobility, contact center services and backoffice services to travel industry globally.

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *