Kellton Tech Solutions will acquire Kumori Technologies for ₹525 million, strengthening its cloud-native and AI-driven offerings. The deal expands Kellton’s global reach, adds skilled talent, and enhances digital modernization services. Shares traded near ₹18.9, with analysts seeing the acquisition as a strategic growth move in IT services.
In a significant move to strengthen its digital transformation portfolio, Kellton Tech Solutions Ltd announced today that it will acquire Kumori Technologies for ₹525 million (₹525 crore). The acquisition underscores Kellton Tech’s ambition to expand its footprint in cloud-native solutions, AI-driven platforms, and enterprise modernization services.
Key Highlights
-
Deal Value: ₹525 million, marking one of Kellton Tech’s largest acquisitions in recent years.
-
Strategic Fit: Kumori Technologies specializes in cloud-native architectures and advanced SaaS platforms, complementing Kellton’s existing digital transformation offerings.
-
Growth Outlook: The acquisition is expected to accelerate Kellton’s expansion in U.S. and European markets, where demand for AI and cloud services is surging.
-
Talent Addition: Kumori’s skilled workforce will integrate with Kellton’s global team of 1,800+ employees, enhancing innovation capacity.
-
Market Reaction: Kellton Tech’s shares traded around ₹18.9 on BSE, reflecting cautious optimism amid broader IT sector volatility.
This acquisition positions Kellton Tech to deliver end-to-end digital modernization solutions, aligning with global enterprises’ push toward scalable, cloud-first strategies. Investors and analysts view the deal as a bold step to secure long-term growth in competitive IT services.
Sources: The Economic Times, Trendlyne, Screener