Birlasoft completes merger with KPIT’s IT services division

Birlasoft, a part of the diversified CK Birla Group, Tuesday said it has completed the planned merger with the IT services division of KPIT.

The combined entity BirlasoftNSE 0.29 % Limited is a mid-tier USD 500 million (approximately Rs 3,478.88 crore) company listed on the Indian bourses, the company said in a statement.

The merger will “fuel innovation and provide substantial benefits to the customers and partners, as it combines domain, enterprise and digital technologiesNSE 1.68 % to deliver transformative solutions,” the statement said.

The integration would enable the company to deliver a wider suite of capabilities, Amita Birla, Chairman, Birlasoft and Co-Chairman, CK Birla Group said.