PE firm Investcorp acquires SaaS e-commerce solutions provider to SMEs Unilog for undisclosed sum

Technology for MSMEs: Global private equity (PE) firm Investcorp has acquired Unilog – a software-as-a-service (SaaS) based e-commerce solutions provider to small and medium enterprises (SMEs) – for an undisclosed sum. The PE firm said on Thursday it has entered into an agreement to buy Unilog, which is headquartered in the US and has international headquarters in Bengaluru, that helps distributors, manufacturers, and wholesalers increase online sales, reduce the cost to serve, and enhance their digital channel. “Unilog presents an attractive opportunity, as it operates in a large and growing addressable market driven by e-commerce adoption, which has only been further accelerated amidst COVID-19,” said Gaurav Sharma, Head of Private Equity, Investcorp India. Unilog was Investcorp’s 10th investment in the Indian market over the last four years.