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RK Swamy Hansa Buys Stake in i-Vista Digital
Indian advertising and market research group RK Swamy Hansa has acquired a 26% stake in business insight technology firm i-Vista Digital Solutions. Financial terms were not disclosed, but the group says it plans to increase its holding to 40% over the next two years.
Established in 1996, Bangalore-based i-Vista offers customisable products such as an intranet solution called iMorfus, content management system iScribe, and a roster management system, Who's On Call (WOC). Its services range from strategic consulting and application development, to online marketing solutions that help its customers interact, transact and communicate with their stakeholders.
'The partnership with Swamy Hansa will strengthen our presence in the US market to cross-sell and up-sell,' i-Vista Founder and CEO Narayan Rajan said. 'With business automation becoming central to enterprises across verticals, our suite of products will improve their efficiency, optimise productivity and enhance return on investment.'
Last year, R K Swamy Hansa's research arm Hansa Research acquired GCR Custom Research in the US.
Web sites: www.hansaresearch.com and www.ivistasolutions.com .
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