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February 4, 2024
The three leading IT parks in Kerala have housed 509 companies since 2016, employing 63,000 IT professionals, Vijayan said, adding that the number of startups has risen to 5,000 from 300 in the past eight years.
January 16, 2024
Thiruvananthapuram-headquartered IBS Software, a leading SaaS solutions provider to the travel industry globally, has reached an agreement to acquire hotel and travel technology provider Above Property Services (APS).The $90 million-transaction ...
May 16, 2023
New Delhi, May 15: Global VC firm Blackstone on Monday reached a definitive agreement to sell its stake in the Kerala-based software-as-a-service (SaaS) provider IBS Software to global private equity firm Apax for $450 million.
May 16, 2023
Following the transaction, Apax will partner closely with IBS Softwares Founder and Executive Chairman, V.K. Mathews, who will remain the majority shareholder.
May 16, 2023
Global travel and logistics SaaS company IBS Software on Monday said Apax Funds will buy a minority stake in the company for USD 450 million. Post the latest transaction, IBS Software’s Founder and Executive Chairman V K Mathews will remain the majority shareholder. “Funds advised by Apax
May 15, 2023
Following the transaction, Apax will partner closely with IBS Software’s Founder and Executive Chairman, V K Mathews, who will remain the majority shareholder, the firm added.
May 15, 2023
Global VC firm Blackstone on Monday reached a definitive agreement to sell its stake in the Kerala-based software-as-a-service (SaaS) provider IBS Software to global private equity firm Apax for $450 million.Following the transaction, Apax will ...
May 15, 2023
/PRNewswire/ -- Funds advised by Apax Partners LLP ("Apax") announced today that they have reached a definitive agreement to invest approximately $450m to...
May 15, 2023
New Delhi, May 15 (IANS) Global VC firm Blackstone on Monday reached a definitive agreement to sell its stake in the Kerala-based software-as-a-service (SaaS)
May 15, 2023
Global VC firm Blackstone has decided to sell its stake in IBS Software to global private equity firm Apax for $450 million.