Tech and advisory service provider Yantra acquired by advisory firm Riveron
Yantra, a provider of technology and advisory services, was purchased by Riveron, a business advisory firm supported by Kohlberg & Company, for an undisclosed sum.
Following the acquisition, Riveron is now one of the global NetSuite Alliance Partners, offering clients complete value-adding solutions.
Yantra, a US-based Indian-origin business founded in 2009 by Vikram Bhandari, employs about 300 people in the US, Canada, India, and the Philippines.
Affiliates of Kohlberg & Company purchased the business from H.I.G. Capital in 2023; Riveron and the company are still working together thanks to a minority investment from HIG Capital. Riveron has sixteen offices worldwide.
As Chief Technology and Innovation Officer at Riveron, Bhandari will assist clients in a variety of capacities, including offering a novel viewpoint on the usefulness of AI for CFOs. With the acquisition, Riveron grows its workforce, hiring over 1,000 committed professionals worldwide.
NetSuite, Oracle, Salesforce, business transformation, AI & RPA, integration platforms, data science & advanced analytics, and managed services are among Yantra’s areas of expertise. Yantra collaborates with CIOs and CFOs to accomplish strategic objectives and spur innovation and growth.
