Xcelerate to acquire a majority stake in Aparajitha.

Xcelerate, a Singapore based GRC platform, agreed to acquire a majority stake in Aparajitha Corporate Services, a compliance services solutions provider. Finacial terms were not disclosed. "We are very excited to partner with a team that has demonstrated roll-up/consolidation successes in multiple sectors on a global scale. Onboarding Aparajitha on to the GRC platform being built by Xcelerate, is bound to provide Aparajitha with significant market opportunities and enable further consolidation of market share in India and overseas; by offering tech-enabled high quality services," Nagaraj Krishnan, Aparajitha Managing Director.