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Birlasoft completes merger with KPIT’s IT services division

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Birlasoft, a part of the diversified CK Birla Group, has said it has completed the planned merger with the IT services division of KPIT. The combined entity ‘Birlasoft Limited’ is a mid-tier USD 500 million (approximately Rs 3,478.88 crore) company listed on the Indian bourses, the company said in a statement.

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The merger will “fuel innovation and provide substantial benefits to the customers and partners, as it combines domain, enterprise and digital technologies to deliver transformative solutions,” the statement said.

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The integration would enable the company to deliver a wider suite of capabilities, Amita Birla, Chairman, Birlasoft and Co-Chairman, CK Birla Group said. “Birlasoft began its most recent transformative journey by adding competence and capability to its leadership team four years ago, and now as a result of this merger, we will have significant enterprise digital capability in automotive, banking (BFSI), communications, consumer packaged goods, energy, life sciences and manufacturing,” Birla said.


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