DC Advisory India is pleased to announce that its client Mobiliya Technologies, a leading global provider of digital transformation services to customers across industries, has been acquired by QuEST Global Services, a global leader in providing premium engineering services. DC Advisory India acted as exclusive financial advisor to Mobiliya Technologies on the transaction.
The acquisition provides QuEST Global with a proven services portfolio, leveraging cutting-edge and emerging technologies such as Deep Learning, Augmented/Mixed Reality, Internet of Things, Robotics and Security. It also expands QuEST’s footprint across the Automotive, Healthcare, Telecom, Energy, Hi-tech, Insurance and Logistics sectors.
Founded in 2011, Mobiliya Technologies has presence across India, North America, China and South Korea. The company is a global design and engineering services company enabling digital transformation, leveraging disruptive technologies like AI, Deep Learning, Robotics, AR/VR etc. Mobiliya received Series A funding in 2013 from Saama Capital and all shareholders (including funds advised by Saama Capital) have exited as part of this strategic sale to Quest. The Mobiliya CEO, Krish Kupathil, will continue to drive the business going forward.
The DC Advisory India team, led by Klaas and Nishant, worked tirelessly and diligently to help us find this new home for Mobiliya. It has been particularly satisfying to have a come a full circle with DC from the Series A funding in 2013 to joining hands with QuEST today.