Affiliates of AION Capital Partners on Monday announced that they have acquired InterGlobe Utsav (IGT), a leading global travel business process management (BPM), technology and digital services company for an undisclosed sum. AION Capital is an India-focused private equity fund with $825 million in the committed capital.
It was established through a strategic partnership between Apollo Global Management and ICICI Venture. Apollo is a leading global alternative investment manager with assets under management (AUM) of approx $270 billion as of September 30, 2018. “The ...
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