Infotech Acquires Bengaluru-Based Zluri
Infotech acquires Bengaluru-based Zluri to add SaaS management and identity governance to its CIO Analytics platform.
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Infotech, formerly Info-Tech Research Group, has completed the acquisition of Bengaluru-based Zluri, a SaaS management and identity governance and administration (IGA) provider. It is Infotech’s first acquisition in 30 years. Terms were not disclosed, and Solomon Partners advised Infotech.
Founded in 2020 by Ritish Reddy, Chaithanya Yambari and Sethu Meenakshisundaram, Zluri helps organisations discover, manage and govern SaaS applications, identities, access, usage and software spending. It serves more than 250 organisations, including monday.com, Tipalti and BambooHR, and is backed by Lightspeed, MassMutual Ventures, Endiya Partners and Kalaari Capital.
Zluri’s application discovery and IGA products will become core modules of CIO Analytics, Infotech’s API-driven advisory platform that combines operational IT data with its research, benchmarks, AI-assisted services and analyst expertise. Zluri will continue serving existing customers as a standalone division of Infotech, with its team in Bengaluru, and will scale its technology teams. Infotech has grown over 340% in seven years to surpass USD 300 million in annual revenue, and Zluri gains access to its community of over 30,000 IT leaders.
“We started Zluri to give IT and security teams visibility and control over every application and identity in their organisation. Joining Infotech lets us put that data at the heart of how IT leaders make decisions,” said Ritish Reddy, Co-founder and CEO, Zluri.
“AI and analytics are nothing without the right data, and the right data is hard to act on without benchmarks and industry-leading insight that show what ‘good’ looks like. Adding Zluri’s expertise and capabilities helps us bring that visibility to more areas of IT,” said Tom Zehren, CEO, Infotech.
Infotech, formerly Info-Tech Research Group, has completed the acquisition of Bengaluru-based Zluri, a SaaS management and identity governance and administration (IGA) provider. It is Infotech’s first acquisition in 30 years. Terms were not disclosed, and Solomon Partners advised Infotech.
Founded in 2020 by Ritish Reddy, Chaithanya Yambari and Sethu Meenakshisundaram, Zluri helps organisations discover, manage and govern SaaS applications, identities, access, usage and software spending. It serves more than 250 organisations, including monday.com, Tipalti and BambooHR, and is backed by Lightspeed, MassMutual Ventures, Endiya Partners and Kalaari Capital.
Zluri’s application discovery and IGA products will become core modules of CIO Analytics, Infotech’s API-driven advisory platform that combines operational IT data with its research, benchmarks, AI-assisted services and analyst expertise. Zluri will continue serving existing customers as a standalone division of Infotech, with its team in Bengaluru, and will scale its technology teams. Infotech has grown over 340% in seven years to surpass USD 300 million in annual revenue, and Zluri gains access to its community of over 30,000 IT leaders.
