|
|
|
|
|
SINGAPORE, July 26, 2021 - (ACN Newswire) - Leading Singapore-headquartered IT consulting and advisory services company Kris Infotech has acquired a 60% stake in the Colorado-based IT consultancy and staffing company AGS Tek Partners. The acquisition follows Kris Infotech's strategic roadmap for growth, tapping into the enormous opportunities and immense potential of the dynamic US market.
 | | Dave Malhotra, Founder and CEO, AGS TEK Partners |
To drive its ambitious expansion plans in the US and across North America, Kris Infotech is deputing IT industry veteran, Mr. Barani Kumaresan, from Singapore. As Senior Vice President, Mr. Kumaresan will be responsible for making all operational decisions for AGS Tek Partners, executing the company's strategy and scaling up operations of AGS Tek Partners.
"We are thrilled to add AGS Tek Partners into our fold. Their expertise and experience in delivering IT resourcing and training services in the US over many years is immensely valuable and will serve as a launchpad for our own growth plans. Together, we look forward to delivering our suite of IT services to a lot more companies across the US and North America and enabling them to get maximum value from their investments in Information Technology and digitalization/digital transformation," said Ms. Reem D'Souza, Head of Business Strategy and Investor Relations at Kris Infotech. "I am confident that Kumaresan's extensive experience in the IT services sector and his presence in the US to run our operation are critical to fast track our plans for this important market."
Kris Infotech was seed funded in 2006 by Mr. Rajeev Srivastava, the Founder & Executive Chairman of Basil Technology Partners, which closed a US$171 million institutional fund in 2018. Mr. Srivastava has over 30 years of successful investing and operations experience in the technology services sector across Asia, the US and Europe, having invested in 14 niche global technology companies.
Commenting on being acquired by Kris Infotech, Mr. Dave Malhotra, Founder & CEO of AGS Tek Partners, said, "We are excited by the next stage of our corporate journey as a part of Kris Infotech. Not only does this acquisition add several complementary competencies, but there is also a great synergy in our visions for how we can add value to our customers. With the backing and support of Kris Infotech, we are even better equipped to delight more customers in multiple domains. We look forward to being the one-stop, end-to-end IT solutions provider for our clients." Mr. Malhotra is an experienced investor with a successful track record in the information technology and services industry. His expertise spans the realms of Software-as-a-Service (SaaS), Business Intelligence, Integration, Enterprise Software, and Enterprise Architecture.
About Kris Infotech
Kris Infotech (http://kris.sg/) is a Singapore-headquartered IT solutions company, providing a wide range of IT services from technology consulting and advisory in emerging tech to IT talent solutions. Established in 2006 by Rajeev Srivastava, the co-founder of APAR Infotech, the company currently employs over 150 professionals with operations in Singapore, Malaysia, India, Thailand, and the US, while also supporting customers in Vietnam, Philippines, and Australia. New offices in Vietnam and Indonesia are scheduled to commence operations in Q4, 2021. Kris Infotech expertise includes Cyber Security, Data & Artificial Intelligence (AI), DevOps & AIOps, SCM (SAP-APO/IBP, Anaplan, Kinaxis), Blockchain and RPA. The company also offers professional services in IT Contracting, Executive Search/ Permanent Placements and RPO.
About AGS Tek Partners
Colorado-based AGS Tek Partners (http://www.agstek.com/) is a provider of state-of-the-art IT services and solutions that address the modern-day business challenges of most organizations. The company has been delivering on-demand technology consulting, technology resourcing (both on-demand on-site staffing as well as permanent placements) and software training services for more than five years.
Media Contact
Mr Dave Malhotra
AGS Tek Partners
Tel: +1 303 638 3505
E-mail: Sales@agstek.com
Manoj Aravindakshan
On Target Media
Tel: +65-90261492
E-mail: manoj@ontarget-media.com
Topic: Press release summary
Source: Kris Infotech
Sectors: Enterprise IT, CyberSecurity, Artificial Intel [AI]
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Fujitsu AI transforms regional healthcare in Iki city
Tuesday, October 28, 2025 10:24:00 PM
|
|
|
Hitachi announces initiatives aligned with Japan - U.S. strategic investments
Tuesday, October 28, 2025 9:34:00 PM
|
|
|
NEC Achieves Cisco Gold Provider Status, Strengthening Global Strategic Partnership in the AI era
Tuesday, October 28, 2025 9:09:00 PM
|
|
|
OctoHorizon: Where Engineering Shapes the Future of Trading
Oct 28, 2025 21:00 HKT/SGT
|
|
|
GMG Achieves Major Commercial Milestone - THERMAL-XR(R) to be Distributed Through Australian Beijer Ref and Kirby Network
Oct 28, 2025 20:09 HKT/SGT
|
|
|
The 20th Eco Expo Asia opens today
Oct 28, 2025 19:03 HKT/SGT
|
|
|
Radisson Step-Out Drilling at O'Brien Gold Project Intersects High-Grade Mineralization in Multiple Locations
Oct 28, 2025 18:39 HKT/SGT
|
|
|
Sany Heavy Industry Co., Ltd.'s Hong Kong IPO: "A+H" Dual Platform Anchors a New Journey of Globalization
Oct 28, 2025 15:55 HKT/SGT
|
|
|
TransNusa Celebrates Historical Milestone as it Starts Operating 17 Scheduled Flights Weekly for its Perth-Bali Route
Oct 28, 2025 10:13 HKT/SGT
|
|
|
International Leo Tolstoy Peace Prize 2025 Highlights Central Asian Cooperation 
Oct 27, 2025 23:00 HKT/SGT
|
|
|
|
|
More Press release >> |
|
 |
|
|
|
|
 |
|
