IT services provider Xoriant acquires Bengaluru-based consulting firm Thoucentric

Mid-tier IT firm Xoriant has announced the acquisition of Bengaluru-based consulting firm Thoucentric which focuses on digital solutions in supply chain, sales and distribution and finance domains, for an undisclosed sum.

Thoucentric, set up in 2015, has been working with companies in the global consumer and packaged goods (CPG) industry, new-age tech and startup ecosystems. It has an employee base of more than 450 business and technology consultants across six locations. The acquisition will result in Xoriant’s headcount jumping by 10% from its current base of 5,000, the press release said.