PE firm Kedaara invests in product engineering services company GS Lab

Private equity firm Kedaara acquired stake in Pune-based digital product engineering services company Great Software Laboratory (GS Lab). Kedaara has acquired a significant minority stake in the company, but the financial details of the deals were not disclosed.

GS Labs has grown at a rate of over 20 per cent in the last five years. Investment from Kedaara will enable GS Lab to:, accelerate business growth by leveraging global relationships of Kedaara and Clayton, Dubilier & Rice (“CD&R”), a global private equity firm and JV partner of Kedaara. Deliver digital product engineering services to a wider pool of customers across Independent Software Vendors (ISVs), enterprises, and digital-native companies globally,