ABOUT US


Khetal Advisors was founded in 2012 on the belief that clients seek high-quality advice from bankers who have a deep understanding of the segments that their companies operate in. Our founders have founded several IT businesses in the past; raised funds through Venture Capital firms and have successfully exited these businesses.

Our clients look for capable, experienced and candid advisor, who provides a high level of personal attention, transaction expertise and top results. We deliver solutions that meet all the personal, financial and strategic goals of our Clients.

Singapore

881 North Bridge Rd
28-10. Singapore 198784

India

Vaswani Centropolis, 2nd Floor
Langford Rd, Shanti Nagar
Bengaluru, Karnataka 560027
India

Our Knowledge That’s Second to None

IT/ITES

  • Digital Transformation
  • Enterprise Applications
  • SaaS/ PaaS/ IaaS
  • Managed Services
  • Knowledge Process Outsourcing
  • Product Engineering

Engineering

  • Semiconductor
  • IoT/ Embedded
  • Automotive
  • Medical
  • Industry 4.0
  • Product Development
  • Aerospace

EdTech

  • E-Learning Content
  • Learning Management Services
  • Assessment Solutions
  • Online Certifications

HRTech/Business Services

  • Staffing
  • Recruitment Process Outsourcing
  • Background Screening
  • Payroll & Pension Administration
  • Job Portal

Media

  • Digital Media (Internet)
  • Publishing
  • Advertising
  • Broadcast Media
  • Content Rights

Our Transactions and Clients

Acquired By

McKinsey & Company has acquired ET Medialabs (ETML), a performance marketing and analytics agency based in India. The acquisition is expected to strengthen McKinsey’s digital marketing operations and technology (DMOT) capabilities, optimising performance and return on investment (RoI).

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Acquired By

Saksoft, a leading Technology services provider, today announced the acquisition of CEPTES Software Private Limited, a recognized expert in Salesforce services, headquartered in Bengaluru, Karnataka.

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Acquired By

Healthtech platform Visit Health has raised more than ~USD 30 Mn in a combination of primary capital infusion and secondary purchase of shares.

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Acquired By

ITC Infotech has entered into a share purchase agreement for the acquisition of 100 per cent of the share capital of Pune-headquartered Blazeclan Technologies Private Limited.

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Acquired By

SBCDC picked up a majority stake in automobile-focus IT services firm Interra IT for $7.5 million

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Acquired By

A computer-aided B2B SaaS, visitor management and workplace management solutions platform providing smart access to commercial spaces acquired by InVentry a UK-based SaaS company.

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Acquired By

UST, a leading digital transformation solutions company, acquired MobileComm, a global telecom engineering firm, to strengthen its presence in the rapidly growing next-generation network space.

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Acquired By

Acquisition strengthens Gupshup’s suite of conversational tools with a unified, intelligent Agent Assist inbox.

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Acquired By

Edureka, a live instructor-led online solutions provider for the IT industry acquired by Kalpathi AGS Group-owned Veranda Learning Solutions.

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Acquired By

Edtech platform firm Adda247 has acquired UPSC-focused ed-tech platform StudyIQ Education for $20 million (150 crores) in a cash and stock deal.

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Raised strategic funding

Policybazaar made a strategic investment in Visit Health, an AI driven on demand healthcare app employee health management. Visit Health offers an integrated solution that empowers enterprises to enhance the healthcare.

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Acquired By

Cloud video surveillance leader Eagle Eye Networks adds additional artificial intelligence technology, engineering talent, and new regional office in India.

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Acquired By

Emids, a leader in digital engineering and transformation solutions announced the acquisition of Quovantis Technologies.

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Acquired By

JLL Acquires ValuD Consulting to Give its Clients Access to Cutting-edge Technologies

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Acquired By

L&T Technology Services Ltd, a leading global pure-play engineering services company, has completed the acquisition of Bengaluru-based Graphene, a provider of end to end semiconductor services.

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Acquired By

AuthBridge Research Services which offers employee background screening solutions Monday said it has acquired Bengaluru-based Footprints Collateral Services.

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Acquired By

Staffing services firm TeamLease Services will acquire 30 per cent stake in job portal Freshersworld.com at an enterprise valuation of Rs 18 crore, a move that will accelerate its hiring strategy.

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Raised Series A

Singapore-based startup KaHa has raised US$4.5 million in funding from investors

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Acquired By

Saksoft Limited signed an agreement to acquire majority stake in Bengaluru based DreamOrbit Softech Private Limited

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Raised Series A

FabAlley raises $2 million in Series A funding round from India Quotient and others

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Raised Series A

Two top venture capital firms, SAIF Partners and IDG Ventures India have led a Rs 27 crore round of funding in Bengaluru-based mobile social gaming startup PlaySimple Games.

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Acquired By

Staffing firm TeamLease Services Limited today announced signing of a definitive agreement to acquire NichePro Technologies (NichePro) for an enterprise value of about Rs 29.5 crore.

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Raised Series A

Reverie Technologies, a Bengaluru-based startup that devises local language solutions for the internet, has raised $4 million in Series A funding from Aspada Investment Company and Qualcomm Ventures.

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Raised Series A

YourStory, India’s largest media tech company for entrepreneurs, big and small, today announced its Series A funding led by Kalaari Capital, with participation from Qualcomm Ventures

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Acquires

Bengaluru-based ed-tech startup Simplilearn, today announced a $10 million deal to acquire Market Motive.

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Raised Series C

Ed-tech startup Simplilearn secures $15M in Series C funding led by Mayfield

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Raised Series B

Robosoft Technologies, a leading mobile solutions provider has secured its second round of funding from Ascent Capital

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Raised Series A

Aurus Network raised $3 Million from venture capital firms Kalaari Capital and IDG Ventures India for scaling up its product offerings to other competitive exams and speed expansion into newer markets across India.

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Acquisition Of Majority

Saksoft Ltd has acquired a 51 per cent stake in ThreeSixty Logica Testing Services, a privately held independent software testing service company, for an undisclosed sum to strengthen testing and quality assurance (QA) service offerings.

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Acquires

Chennai-based technology services firm Aspire Systems Pvt Ltd acquires services division of SRA Systems

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Acquired By

Aspire Systems acquired Hyderbad-based software services firm Versant Technology that specialises in Oracle retail solutions for an "undisclosed amount".

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Raised Series B

Online education and training startup Simplilearn raises $10M from Helion Venture Partners and existing investor Kalaari Capital

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Acquired By

Kellton Tech Solutions Ltd completed the 100% acquisition of Skan Dbydx Software Pvt Ltd

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Acquired By

Wirkle, a Gurgaon-based mobile applications development company, has been acquired by San Francisco-based Location Labs, a leading mobile and location-based services firm.

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Raised Series A

Khetal Advisors, the sole advisors who helped Simplilearn.com raise capital from Kalaari Capitalto fund its expansion plans in offering world class professional certification training.

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Acquired By

Kellton Tech acquired information technology company Tekriti Software Pvt.

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Acquired By

Symphony Service Corp, global software product engineering services firm, entered into an agreement to acquire Proteans Software Solutions.

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Acquired By

Idhasoft acquired software company Grey Matter India Technologies Pvt.

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Acquired By

TechUnified acquired by ORG in for USD 12.5 million.

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Acquired By

Communications network major Havas Group has picked up the majority stake in Think Design, a leading independent user experience consultancy and design studio, for an undisclosed sum as part of its inorganic expansion plans for India.

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Acquired By

Larsen & Toubro Infotech (LTI) has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company for an enterprise value of Rs 38 crore.

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Raised Growth Capital

Marketing automation and customer-relationship platform LeadSquared has raised $3 million (Rs 21 crore at current exchange rate) in a Series A funding round led by Stakeboat Capital.

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Raised Series C

B2B foodtech startup Hungerbox raises funds from Paytm as a part of ongoing Series C round.

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Acquires

India-based staffing firm TeamLease Services announced that it has purchased a majority stake in India-based IMSI Staffing.

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Acquired By

India-based IT and outsourcing company Kellton Tech announced that it has completed the acquisition of Tivix, a US-based firm that develops cloud-connected web and mobile applications.

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Raised Series A

A full stack platform to manage Diabetes has raised Series A from Parkview, Leo Capital and Blume Ventures.

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Acquired By

Virtusa has signed a definitive agreement to acquire TechChefs Software Pvt Ltd, full service OPD partner to Fortune 500 companies specializing in Software Development & Product Engineering.

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Acquired By

Mumbai-based L&T Infotech (LTI) has signed an agreement to acquire a 100% stake in Pune-based Cuelogic Technologies for $8.4 million in a full-cash transaction.

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