Stake Purchase • Information Technology

Lumina Datamatics Invests In TNQTech

On December 9, 2024, Lumina Datamatics invested in information technology company TNQTech

Investment Context
  • This is Lumina Datamatics’ 1st transaction in the Information Technology sector.
  • This is Lumina Datamatics’ 2nd transaction in India.

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Investment Summary

Date December 9, 2024
Target TNQTech
Sector Information Technology
Investor(s) Lumina Datamatics
Deal Type Stake Purchase
Advisor(s) ICICI Securities (Financial)

Target Company

TNQTech

Chennai, India
TNQTech is a publishing technology and services company specializing in delivering AI-enabled technology and content services for some of the largest commercial publishers, prestigious learned societies, associations, and university presses. TNQTech is based in Chennai, India.
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Investor Overview 1

Investor

Lumina Datamatics

Norwell, Massachusetts, United States

Category Company
Sector Information Technology
DESCRIPTION

Lumina Datamatics provides content, analytics, eCommerce and technology solutions. Lumina Datamatics enables publishers and eRetailers to be at the forefront of content workflows by managing the entire publishing process – from content creation to product delivery. Lumina Datamatics is based in Norwell, Massachusetts.


Deal Context for Investor #
Overall 3 of 3
Sector: Information Technology 1 of 1
Type: Stake Purchase 1 of 1
Country: India 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 diacriTech

Chennai, India

DiacriTech is an integrated digital media publishing company, offering pragmatic solutions - from ideation, instauration & deliverance for Publishers through innovative strategies with acute focus on results. DiacriTech was founded in 1997 and is based in Chennai, India.

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