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Home Banking & Finance

Deloitte completes acquisition of Bangalore’s HashedIn

Fiinews by Fiinews
January 15, 2021
in Banking & Finance, Investment, Technology
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Adding capabilities to work with cloud providers, says Bawa

Deloitte Consulting has completed its acquisition of Bangalore’s HashedIn Technologies Private Limited, a leading cloud native software engineering and product development firm.

Together, the two organizations will help clients to imagine, deliver and run their futures with cloud technologies, said Deloitte in a release on 14 Jan 2021 from New York.

“This acquisition further strengthens our capabilities in working with the major cloud providers, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud,” said Ranjit Bawa, Principal and Cloud Leader, Deloitte Consulting LLP.

“We are excited to welcome our HashedIn teammates as we continue to scale our cloud native development and high-end software engineering services to solve our clients’ toughest problems effectively,” added Bawa.

“Deloitte is continually looking for opportunities to invest in innovation and disruptive technologies,” said Sam Balaji, Global Consulting Leader, Deloitte Global. “Cloud continues to be a top priority for us and with this acquisition, we are uniquely poised to support digital transformation at a global scale.”

“Deloitte shares our commitment to delivering world-class value to organizations and creating the best talent experience for our professionals,” said Himanshu Varshney, HashedIn CEO and Co-Founder. “Together, we look forward to delivering leading-edge technology solutions to organizations.”

Himanshu Varshney, Sripathi Krishnan, and Anshuman Singh have each joined Deloitte Consulting as managing directors—along with approximately 750 members of the HashedIn organization around the world who also became Deloitte professionals.

Deloitte has been recognized as a leader in cloud consulting services and for its commitment to investing in cloud, AI, cyber, workforce digitization, and analytics services by the top industry analyst firms, including Gartner, Forrester and IDC. Please visit our analyst relations page for more information.

Deloitte entities have made 14 acquisitions of cloud-technology firms or their businesses since 2017, including software-modernization company innoWake, cloud-management platform startup ATADATA, and technology consultancy Keytree, demonstrating a commitment to strategic investments that advance business disruption. Today, Deloitte has over 50,000 professionals worldwide supporting organizations throughout their cloud journeys.

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies.

HashedIn Technologies Private Limited is one of India’s leading technology firms that is specialized in offering software modernization and product innovation solutions. It has served more than 100 customers since its inception across industries and continents and has helped them launch new products faster, disrupt industries, and streamline and scale operations. #acquisition #banking #technologies #investment /fiinews.com

Tags: Deloitte ConsultingHashedIn Technologies Private Ltd
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