Knowledge Partners

 Economic Laws Practice       Avalon Consulting

 Technloogy Holdings   

October 15, 2013

Deal Alert: Silver Lake leads Rs. 250-Cr round for commodities trading software firm Eka Soft

Silver Lake via its growth capital fund, Silver Lake Kraftwerk, is leading a INR 250 crore funding round for a significant minority stake in Eka Software Solutions, a Bangalore-based provider of software for commodity trading. This round values Eka Software at an estimated INR 700 crore. The company has previously raised about $16 million (INR 95 crores) from Nexus Venture Partners along with Thailand-based GP Group.

The latest investment comes on the back of two global acquisitions by Eka. In July, the company acquired Australia-based commodity handling software vendor MatrixGroup and in April, it had acquired Canada-based EnCompass Technologies, a provider of energy transaction and risk management solutions. 

Source: Times of India

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.