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IBS Software gets $170 million PE investment from Blackstone

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Trivandrum: The Technopark based global travel, transportation and logistics technology provider, IBS Software will receive $170 million (about Rs. 1,200 crores) private equity investment from funds managed by Blackstone in exchange for a minority shareholding. Blackstone is buying out General Atlantic, a leading growth equity firm that has been invested in IBS since 2007, and

[via Kerala IT News]

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