Lumina Datamatics Ltd. (“Lumina Datamatics”) has acquired 100% stake in diacriTech Technologies Private Limited (“diacriTech”), having its registered office in Chennai, India, and a wholly owned subsidiary in the USA. The acquisition of diacriTech further builds upon Lumina Datamatics’ growth strategy and progressive technology solutions.
“Technology is a differentiator for us. The diacriTech acquisition provides an integrated service model for the customers and further strengthens our presence in the APAC and other regions,” said Sameer Kanodia, Managing Director & CEO, Lumina Datamatics.
“diacriTech tools and products embrace AI and Automation in its end-to-end services. The combination of our solutions with Lumina Datamatics’ innovative workflows will undoubtedly benefit our customers,” said Gopinath A.R.M, Director, diacriTech.
Nova Capital Advisors acted as the exclusive advisor to this deal.