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.

https://economictimes.indiatimes.com/tech/ites/aion-capital-to-acquire-interglobes-backend-unit-for-rs-1600-crore/articleshow/66959848.cms

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