ICRA Analytics completed the acquisition of a majority stake in D2K Technologies India.

ICRA Analytics, a company that provides services, solutions, analytics and digital platforms for Risk Management, Market Data, Knowledge Services, Consulting, and Counterparty Risk Assessment, completed the acquisition of a majority stake in D2K Technologies India, a provider of software solutions to banks and other financial institutions in India. Financial terms were not disclosed. "We believe technology will play a tremendous role in shaping the progress of Indian lending and financial services markets. This acquisition strengthens our existing portfolio and will enhance ICRA’s ability to offer strong tech-backed solutions in our core areas of risk assessment and analytics. Further, this is consistent with our strategy of expanding our risk and analytics franchise,” Ramnath Krishnan, ICRA Managing Director & Group CEO.