Sundara (Mauritius) Limited, an affiliate of Creador has invested $18Mn for a significant minority stake in iValue InfoSolutions (iValue). The investment is said to accelerate iValue’s efforts in gaining superior market share in the cyber-security market, by expanding to newer geographies, adding newer technology OEMs to their portfolio, executing larger projects for the current OEMs and growing inorganically through acquisitions.
Anand Narayan, Managing Partner at Creador Advisors India LLP, said, “We are happy to partner with iValue, in one of the fastest growing cyber security markets in the world. Given iValue’s strong market position, Creador’s investment is an opportunity to unlock the transformative potential for iValue’s customers. The investment will enable iValue to enhance its portfolio of offerings and collaborate with larger technology and channel partners. We look forward to working together in years ahead and leverage our combined strengths.”
He further added, “iValue has established itself as a dominant player with a strong, entrepreneurial leadership team that is a great fit for Creador. We realise the uniqueness iValue brings with their incisive market knowledge and inimitable business framework which helps technology OEM’s to ramp-up their business swiftly. I’m happy that the investment aligns with Creador’s strategy to contribute to India’s success story.”
Speaking of the investment, Sunil Pillai, Managing Director, iValue, said, “We are excited to partner with Creador. They will fuel iValue’s ambitious growth plans aimed in the next five years. This investment provides us a significant opportunity to partner with large, fast growing technology vendors and help accelerate iValue’s mission to empower customers in their digital transformation journey. It underscores our long-term commitment to growing expertise in digital asset protection and data, network and application management. We are confident that this investment will provide iValue with enhanced strategic and competitive advantage.”
He further added, “We also look to benefit from Creador’s experience and grow inorganically through acquisitions of segments that will complement our expertise and offerings. iValue also carries an advantage to exploit Creador’s domain expertise and network amongst their portfolio companies, specially the financial institutions, that will help us gain competitive superiority in terms of structuring projects and deals across OEMs and partners. We also look forward to creating more jobs in the approaching years.”