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Announced

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AION Capital completed the acquisition of InterGlobe Technologies for $230m.

Synopsis

AION Capital Partners, the joint venture between global PE fund Apollo Global Management and domestic fund ICICI Venture, completed the acquisition of InterGlobe Technologies, an IT & back-office arm of travel major InterGlobe Enterprises, for $230m. “The management team is excited to partner with AION Capital. We will continue to invest in this sizeable global business, with a focus on digital transformation within the Travel eco-system” Vipul Doshi, IGT CEO.

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