Creador Invests $18Mn in iValue InfoSolutions
Sundara (Mauritius) Limited, an affiliate of Creador has invested Rs 1.25 billion (approximately USD 18 million) for a minority stake in iValue InfoSolutions Private Limited (iValue). iValue is Creador's 31st investment since inception in 2011 and its 11th investment in India.
iValue is a Premium Valued Added Distributor (VAD), providing Solutions and associated services around Data, Network, and Application (DNA of every business) area for Indian Enterprises. DNA protection and management are the two fastest growing segments of India's enterprise IT market.
iValue has a direct partnership with over 35 global OEMs comprising of more than 100+ niche solutions with over 700 system integrators/partners to provide solutions for its over 6,000 enterprise and corporate customers. It has a direct sales presence across 13+ locations across India and select cities abroad with customer and channel-focused teams addressing pre-sales, sales & post sales requirements across multiple industry verticals.
The company was founded in 2008 by an enthusiastic team of industry veterans spearheaded by S. Sriram. They are alumni of Wipro Group.
Excited about the investment, S Sriram, Chief Strategic Officer at iValue said,
"We are excited to partner with Creador, to fuel iValue's ambitious growth plans over the next 5 years. It is overwhelming to see the confidence shown by a seasoned investor like Creador in our business model. This investment provides us a significant opportunity to partner with large, fast-growing technology vendors and helps accelerate along with enhanced strategic and competitive advantage".
Sriram 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."
