The leading cloud business solutions provider IndiQus Technologies has acquired the Delhi-based startup Dartboard Analytics in an all-stock deal. Sunando Bhattacharya the CEO of IndiQus has confirmed the deal, however, the particulars of the deal remain undisclosed.
IndiQus Technologies was founded by Purohit, Rudraksh Kulshreshtha and Manan Vohra in 2013 in Delhi. It offers predictive analytics and reporting solutions, enabling organizations across the globe to leverage their IT infrastructure to deliver maximum value.
Commenting on the acquisition, Sunando Bhattacharya, the CEO of IndiQus Technologies said, “Being a bootstrapped and revenue-funded company, we have always looked at working with people who add significant value to our proposition. We started working with the Dartboard team on a partnership model initially, but quickly saw tremendous synergies and decided to acquire them. Not only does this acquisition provide a quantum jump to our product roadmap, but also fills some critical talent gaps in our team.”
On another hand, Dartboard Analytics is a performance analytics and reporting solution for sales, support, and customer operations. The startup was founded by Kshitish Purohit in 2016 and has been efficient to enhance the performance with advanced insights that drive efficiency and revenue for organizations.
As a part of the deal, the founders will join the IndiQus leadership team. Kshitish Purohit, founder, Dartboard Analytics said, “Dartboard Analytics started with the aim to break various data silos and give informational control to customer operations teams. For us, it made perfect sense to integrate our teams and products tightly to build a platform that integrates all facets of running a successful cloud business. With the merged setup, we now get to drive together with a converged vision for enterprise tech that goes much beyond software and into truly smart applications of technology.”
Since last year, IndiQus Technologies has been rushing to enhance its product portfolio as it earlier had acquired shopping assistance start-up Amicus Technologies to beef up its infrastructure-as-a-service catalog for enterprises and cloud service providers. Now, with the current acquisition, the company intends to provide an analytics solution for cloud-based platforms.