July 3, 2017
TechJini, a boutique mobile and web application development company, headquartered in Bangalore, today announced that Datamatics Global Services Ltd. has signed a definitive agreement to acquire a controlling stake in the company. The objective of this acquisition is to further strengthen Datamatics’ mobility offerings through TechJini’s range of smart technology solutions.
TechJini is a leading software services company with a presence in the US, and has a specialized focus on digital experiences and mobile based web application development and maintenance services. With 250 employees, TechJini caters to over 35 companies across business verticals such as media, engineering, manufacturing and start-ups. TechJini is one of the first 13 companies in the world to be certified under the Google Developer Agency Program.
Speaking on this occasion, Rahul Kanodia, Vice Chairman & CEO said, “Enterprise mobility has gained significant momentum with companies adopting ‘mobile first’ as a core strategy for their business and cloud platforms. We are happy to partner with TechJini, as it will further enhance our service in the mobility space and create a niche that will help us gain a competitive advantage. Going forward, I foresee greater demand and growth in device centric businesses including IoT, mobility and self-service kiosks among others.”
“Apart from further strengthening our presence in Bangalore, this acquisition reinforces our focus on mobility solutions which is a rapidly growing market. I am confident that with the team’s extensive technical background, we will be able to jointly tap more opportunities in newer market segments”, added Rahul.
Commenting on the development, Shyamal Mehta and Amit Rana, Founders, TechJini said “We are very excited to join hands with Datamatics. Given their legacy, global presence and resources, our clients will reap more benefits from this alliance and help us expand our reach to large global customers in USA and Europe. We firmly believe that this union will significantly enhance our capabilities and allow us to provide a wider array of integrated services to our clients.
Samvad Partners, Strta Consulting, and Nicety Management Consulting acted as advisors to the parties on this transaction.
About Datamatics Global Services
Datamatics is a global provider of Consulting, Information Technology (IT), Data Management and Business Process Management services to several Fortune 500 companies. Datamatics has a fully integrated offering to support digital transformation of organizations through Smart Processes, Smart Systems, Smart Devices and Smart Data. These solutions are powered by Robotics, Artificial Intelligence and Machine Learning algorithms which offer improved business efficiency in the interconnected world. The core operation of Datamatics is built around “Data to Intelligence”, wherein Datamatics leverages data to extract intelligence and patterns thereby facilitating smarter and quicker decision making.
Datamatics has adopted the highest standards of service quality and operational excellence, enabling its clients across a wide range of industries to transform into a truly digital, data driven enterprise. Its customised solutions help enterprises maximize productivity, improve speed and accuracy. Headquartered in Mumbai, the company has a presence across America, Australia, Asia and Europe.
TechJini is one of the leading application development companies operating out of India and New Jersey. App development has never been as big as it is today. The company works on diverse application development projects across iOS, Android and Windows Phone. TechJini has been offering unique solutions to its clients globally for rapid application development, and has specialized application developers who work closely with the customers on building effective apps as per their demand.