Ahmedabad-headquartered DRC Systems India Ltd. approved up to ₹10 million investment to buy a strategic shareholding in privately owned software studio Inexture Solutions with a track record of AI-driven mobile and cloud products. The deal, approved late Tuesday by the DRC board, is a cash acquisition of fresh equity, capping total outlay at ₹1 crore and giving DRC a sub-20 percent shareholding and an observer director on Inexture's board. Executives said the acquisition would speed up DRC's entry into generative-AI services and staff-augmentation orders from US and European clients.
"Inexture's 120-strong technical engineering team has deep Python, Flutter and LLM optimization skills. The capital enables us to bolt on ready talent instead of building from ground up," CEO Nishant Majmudar said on a post-meeting call to analysts.
The acquisition cost will be funded by DRC from retained earnings and no debt will be issued. The group expects the stake to accrete to FY 26 profits, with cross-selling to be rolled out as soon as the December quarter.
Key Points
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Ticket size: up to ₹10 million for new equity in Inexture Solutions
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Strategic goal: lead in AI/ML and mobile-cloud innovation
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Ownership: <20 % interest, DRC board observer rights
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Financing: 100% internal accruals; no additional leverage
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Synergy timeline: revenue contribution Q3 FY 26
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Talent lift: 120 Gen-AI stack expert engineers at your disposal
Source: DRC Systems India Ltd. regulatory filing with BSE (Reg. 30),