Transaction Details
- Capital Numbers has completed the acquisition of 100% of Epitome Cloud Inc., a New Jersey-headquartered Salesforce and enterprise transformation company
- Transaction value: ₹40 crore
- Epitome Cloud brings specialized capabilities across Salesforce, Revenue Cloud, CPQ, CLM and enterprise workflow platforms including Conga, Agiloft and Onit
- Epitome Cloud has an established presence in the US market and maintains an Indian subsidiary
Strategic Rationale
- Acquisition strengthens Capital Numbers' global enterprise technology capabilities
- Combines Capital Numbers' expertise in digital engineering, cloud, data and AI with Epitome Cloud's enterprise platform capabilities
- Strengthens US market presence, one of Capital Numbers' key international markets
- Creates opportunities for cross-selling across both organizations' client bases
- Enables pursuit of larger enterprise engagements and more complex transformation programs
- Aligns with growth strategy of building specialized capabilities and expanding international footprint
Leadership and Integration
- Anand Varanasi, CEO of Epitome Cloud, will support the company's ability to engage with clients locally and strengthen US market relationships
- The combination aims to create a differentiated proposition for complex digital and enterprise transformation initiatives
Management Commentary
Mukul Gupta, CEO of Capital Numbers, stated: "This acquisition is an important building block in our journey to become a more specialised and comprehensive global technology services company. Our focus is not simply on adding another capability, but on creating a stronger platform for long term international growth."
Gupta further commented: "Capital Numbers is evolving from a broad digital engineering company into a more specialized global technology services company. We are strengthening our enterprise capabilities, moving closer to international customers, and using selective acquisitions to add technology expertise, client relationships, and market access that would otherwise take much longer to build organically."
Company Background
CapitalNumbers Infotech Limited is a technology services company providing digital engineering and technology solutions to businesses globally, with capabilities spanning digital engineering, cloud, AI/ML, generative AI, data engineering and enterprise technology services. The company is listed on the BSE SME Exchange.