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The logo of Accenture is displayed on a building, on the first day of the annual meeting in Davos, Switzerland, January 15, 2024. REUTERS/Denis Balibouse

 

AZB & Partners has acted for technology company Accenture on its strategic acquisition of a minority stake in global capability centre (GCC) platform ANSR.

The deal, worth $170 million according to NDTV Profit, creates a strategic alliance to help clients design, set up, and optimize global teams for technology and business functions.

“Now, together with Accenture, we’ll equip companies to reinvent their business models by scaling GCCs using a strategic ‘best-sourcing’ approach,” said Vikram Ahuja, co-founder of ANSR, in a statement.

AZB’s team comprised senior partner Vaidhyanadhan Iyer, partner Vasudha Asher, senior associate Sana Nagar, and associate Avani Laad, with support on due diligence from senior associate Rashmee Kumar and associate Rimjhim Mishra.

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