Chennai: HR solutions provider CIEL Group is set to acquire three companies in the digital learning, integrated facilities management and staffing space. Investing about Rs 120 crore, it aims to complete the acquisition by March.
“We are well ahead in terms of discussions with the three companies, which includes one based out of the Middle East,” K Pandiarajan, executive chairperson, CIEL told reporters through a virtual press conference .The names of the companies were not disclosed. CIEL posted a YTD revenue of Rs 783 crore between April-December, 2023, a 33% Y-o-Y growth . TNN
“We are well ahead in terms of discussions with the three companies, which includes one based out of the Middle East,” K Pandiarajan, executive chairperson, CIEL told reporters through a virtual press conference .The names of the companies were not disclosed. CIEL posted a YTD revenue of Rs 783 crore between April-December, 2023, a 33% Y-o-Y growth . TNN