Datamatics acquires TechJini to boost mobility solutions business

MUMBAI: Datamatics Global Services has signed a definitive agreement to acquire a controlling stake in TechJini, a boutique mobile and web application development company, headquartered in Bengaluru.

With this acquisition Datamatics intends to further its mobility offerings through TechJini's range of smart technology solutions. Samvad Partners, Strata Consulting, and Nicety Management Consulting acted as advisors to the parties on this transaction. Further details on the deal were not disclosed.

TechJini is a software services company with presence in the US, and has a specialized focus on digital experiences and mobile-based web application development and maintenance services. With 250 employees, TechJini catered to over 35 companies across business verticals such as media, engineering, manufacturing and start-ups. TechJini is one of the first 13 companies in the world to be certified under the Google Developer Agency Program.

Speaking on this occasion, Rahul Kanodia, Vice Chairman and CEO said, "Enterprise mobility has gained significant momentum with companies adopting 'mobile first' as a core strategy for their business and cloud platforms. We are happy to partner with TechJini, as it will further enhance our service in the mobility space and create a niche that will help us gain a competitive advantage. Going forward, I foresee greater demand and growth in device centric businesses including IoT, mobility and self-service kiosks among others.”

Commenting on the development, Shyamal Mehta and Amit Rana, Founders, TechJini said, "We are very excited to join hands with Datamatics. Given their legacy, global presence and resources, our clients will reap more benefits from this alliance and help us expand our reach to large global customers in USA and Europe. We firmly believe that this union will significantly enhance our capabilities and allow us to provide a wider array of integrated services to our clients."