M&A Deal Summary

Saksoft Acquires Augmento Labs

On June 13, 2024, Saksoft acquired information technology company Augmento Labs

Acquisition Highlights
  • This is Saksoft’s 3rd transaction in the Information Technology sector.
  • This is Saksoft’s 4th transaction in India.

M&A Deal Summary

Date 2024-06-13
Target Augmento Labs
Sector Information Technology
Buyer(s) Saksoft
Deal Type Add-on Acquisition

Target

Augmento Labs

Bengaluru, India
Augmento Labs is an IT consultancy firm that specializes in providing unique scalable solutions driven by innovation and cutting-edge technologies. Augmento Labs was formed in 2019 and is headquartered in Bengaluru, India.

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Buyer(S) 1

Buyer

Saksoft

Chennai, India

Category Company
Founded 1999
Sector Information Technology
Employees2,373
Revenue 8.8B INR (2025)
DESCRIPTION

Saksoft is a provider of business intelligence and software solutions to the financial services industry. Saksoft include software products, custom solutions, testing services and resource augmentation services to a global clientele. Saksoft was founded in 1999 and is based in Chennai, Tamilnadu.


DEAL STATS #
Overall 7 of 8
Sector: Information Technology M&A 3 of 4
Type: Add-on Acquisition M&A Deals 6 of 7
Country: India M&A 4 of 5
Year: 2024 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-14 Solveda

Mineola, United States

Solveda is a software design and development company with niche expertise in cutting edge E- commerce applications catering to B2B and B2C customers. Solveda offers complete project delivery of E-commerce applications by utilizing pre-built artefacts and accelerators thus reducing time to market and costs for customers. Solveda was founded in 1995 and is based in Mineola, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-30 CEPTES

Bengaluru, India

CEPTES is a Salesforce service provider which accelerates the business value of your Salesforce investment through consultation, digitalization, and innovation. CEPTES was founded in 2010 and is based in Bengaluru, India.

Buy -