New Delhi, May 21 (UNI) In order to expand to more newer geographies and to add more expertise in cyber security market, technology driven company iValue InfoSolutions Private Limited (iValue) has partnered with private equity firm Creador which has invested $18 million for a significant minority stake to support the former's ambitious growth plans.
iValue is a premium Valued Added Distributor (VAD), providing Solutions and associated services around Data, Network and Application (DNA of every business) area for Indian enterprises.
Creador Advisors India LLP Managing Partner Anand Narayan at a press conference here said, "The investment will enable iValue to enhance its portfolio of offerings and collaborate with larger technology and channel partners. We look forward to working together in years ahead and leverage our combined strengths".
Sundara (Mauritius) Limited is an affiliate of Creador which is a private equity firm founded in 2011 specializing in growth capital investments. The firm primarily invests in South and South-East Asia including India, Malaysia, Indonesia, Singapore, Vietnam, Philippines and Sri Lanka.
Creador has invested $18Mn in iValue for the next five years which is founded by industry veterans spearheaded by S.Sriram. They are alumni of Wipro Group.
iValue Managing Director Sunil Pillai said, "Creador will fuel iValue's ambitious growth plans aimed in the next 5 years. This investment provides us a significant opportunity to partner with large, fast growing technology vendors and help accelerate iValue's mission to empower customers in their digital transformation journey. It underscores our long-term commitment to growing expertise in "Digital Asset" protection and Data, Network and Application Management."
"iValue also carries an advantage to exploit Creador's domain expertise & network amongst their portfolio companies, specially the financial institutions, that will help us gain competitive superiority in terms of structuring projects and deals across OEMs and Partners. We also look forward to creating more jobs in the approaching years," he added.
"This investment will further aid iValue in bringing many popular market leading technologies to their customers," he added.
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