Follow us on social

Latest Posts

Stay in Touch With Us

For Advertising, media partnerships, sponsorship, associations, and alliances, please connect to us below

Email
info@globaltechoutlook.com

Phone
+91 40 230 552 15

Address
540/6, 3rd Floor, Geetanjali Towers,
KPHB-6, Hyderabad 500072

Follow us on social

Globaltechoutlook

  /  Latest News   /  PwC to Acquire Venerate Solutions Private Limited
PwC

PwC to Acquire Venerate Solutions Private Limited

Strategic acquisition will add to PwC India’s talent pool while enhancing the firm’s Salesforce consulting practice and platform engineering capabilities

Bangalore, 21 June 2022: PwC India has agreed to acquire Venerate Solutions Private Limited (‘Venerate’), one of the fastest-growing and highly innovative Salesforce consulting firms in India. Upon completion of the acquisition, Venerate, a Salesforce Summit (Platinum) partner, and its team of highly certified consultants and developers will integrate with PwC India’s Salesforce practice. This acquisition aligns with PwC’s commitment to investing in the area of digital transformation and also in strategic alliances.

Founded in 2016 in Bangalore, Venerate builds and deploys cutting-edge customized solutions on the Salesforce platform across multiple clouds including Financial Services Cloud, Salesforce Marketing Cloud, Vlocity Industry Cloud, and various integration tools. These solutions help organizations reimagine the customer experience, seamlessly ramp up sales and support their growth journeys.

As businesses race to embrace new ways of working digitally, Salesforce has become a key area of client demand. Venerate will augment our Salesforce consulting practice with significant end-to-end capabilities in the areas of platform engineering, and cloud and managed services, thereby bolstering our ambitions as a community of problem solvers,” said Sanjeev Krishan, Chairman, PwC in India.

Partho Bhattacharya, CEO, Venerate and Biswanath Bhattacharya, Founder, and Director, Venerate are very enthused by the prospects of this development. They believe that Venerate’s strengths combined with PwC India’s extensive reach will provide tremendous opportunities, both for clients and talent alike. In fact,  the people-first culture of both Venerate and PwC are also closely aligned, while the niche skills that each brings to the market are complimentary. This common ethos will make us integrate together to serve clients and help them solve important business problems seamlessly.

“This acquisition marks the beginning of the inorganic growth aspirations of the Advisory business in India. To fast track this, more such opportunities are being actively evaluated in the Cyber, ESG, Cloud & Analytics domain. This is also aligned with the New Equation strategy that we launched last year.,” said Arnab Basu, Leader- Advisory, PwC India.

At PwC, we leverage technology to help solve complex business problems, continuously innovate and identify new opportunities for our clients and other stakeholders,” said Pawan Kumar S, Leader – Technology Consulting, PwC India. “The addition of Venerate will enable us to achieve these goals faster while significantly deepening and broadening our capabilities in this space.”

The transaction is expected to close in the coming few weeks, subject to customary closing conditions.

 

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 156 countries with over 295,000 people who are committed to delivering quality assurance, advisory, and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

© 2022 PwC. All rights reserved.