Temasek-backed Manthan Software completed the acquisition of RichRelevance.

Temasek-backed Manthan Software, a software and IT services provider, completed the acquisition of RichRelevance, a personalization software services provider. Financial terms were not disclosed. "We see Manthan and RichRelevance as truly complementary to deliver a new class of industry-critical solutions to consumer retail companies such as Brands, Retailers, Marketplaces, QSRs, Publishers, and Financial Services. You now have a partnership that is deeply vested in your success and brings a joint solution and expertise to the market to help you grow digital revenues through personalization," Atul Jalan, Manthan CEO.