Investcorp to acquire Unilog
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New Delhi, Jan. 14 -- Global private equity investor Investcorp is set for its first buyout transaction in India. It has already signed an agreement to pick up a majority stake in Unilog, which caters to small and medium businesses in the US with its software-as-a-service (SaaS) e-commerce solutions, a senior Investcorp India executive said in an interview.
Headquartered in greater Philadelphia, US, Unilog has around 700 employees across its campuses in Bengaluru and Mysuru, and helps distributors, manufacturers, and wholesalers boost online sales, reduce costs and enhance their digital channels. It is led by chief executive officer Suchit Bachalli.
"In the developed markets we are known as a mid-market buyout fund. That's what we do fo...
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