Dr. Ganesh Natarajan

Innoserv and Kalzoom Advisors merge in an all equity deal; to double in size in a year

Innoserv and Kalzoom Advisors merge in an all equity deal; to double in size in a year

Mumbai/Pune (Maharashtra)/New Delhi/Bengaluru (Karnataka) [India]: InnoServ Group, a fast-growing integrated digital acceleration firm serving media, corporate and academia, today announced the merger of Kalzoom Advisors Pvt. Ltd., a subsidiary of 5F World Ltd., a member of its investor group, in an all equity deal. The expanded offering and vertical reach will lead to doubling of it’s revenues in the next 12 months. Commenting on the merger, Dr. Ganesh Natarajan, Chairman, 5F World, said, “The new consolidation strategy of 5F World means divesting any business other than the core advisory and investing in digital businesses and growth firms in the technology…
Read More