(18 August 2020 – Global) Goldman Sachs Merchant Banking Division and Everstone Group have recently made private equity investments in Infostretch.
Infostretch are a digital transformation company with a successful track record in helping businesses expand their digital initiatives at all stages of development. They have also been key players in helping businesses overcome major technical issues. Currently, the company has over 1,200 digital engineers globally and offer unique capabilities in Cloud, Big Data and Internet of Things (IoT).
With Goldman Sachs and Everstone on board, the company can now leverage its existing relationship with corporate clients by providing better digital experiences in corporate banking.
“We’re very pleased to partner with Goldman Sachs and Everstone Group to continue our aggressive growth and expansion” commented Infostretch CEO and Co-founder, Rutesh Shah.
“The expertise and reputation we have built over the last 15 years has put us in the position to advance the digital initiatives of some of the world's leading companies and brands. This investment will enable us to build on those strengths and take advantage of the growing need for more innovative digital solutions in verticals like healthcare, financial services and technology” he also added.