{
  "id": 14479781,
  "title": "Infotech Acquires Lightspeed-Backed SaaS Startup Zluri",
  "url": "https://urgent.news/2026/10/14/infotech-acquires-lightspeed-backed-saas-startup-zluri",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T14:39:26.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/infotech-acquires-lightspeed-backed-saas-startup-zluri/"
  },
  "original_language": "en",
  "account": "Infotech, an IT advisory firm, has acquired Bengaluru-based SaaS startup Zluri to incorporate Zluri's application discovery and identity governance capabilities into its service offerings. The acquisition terms remain undisclosed. Following the acquisition, Zluri will operate as a separate division within Infotech, preserving its Bengaluru-based product development and engineering teams. Zluri's integration will also contribute to Infotech's newly launched CIO Analytics platform, an API-driven advisory service that merges operational IT data with AI-driven services and expert analysis. For Zluri, the acquisition presents an opportunity to expand its footprint among enterprise customers by leveraging Infotech's extensive global network of over 30,000 IT leaders. Founded in 2020 by Ritish Reddy, Chaithanya Yambari, and Sethu Meenakshisundaram, Zluri provides businesses with software that tracks and manages digital tools utilized by employees. This includes work applications (such as Asana and Slack), cloud software, and AI tools. The platform assists companies in managing user access, identifying unused subscriptions, reducing software costs, and preventing unauthorized data access. Zluri currently serves over 250 enterprise clients worldwide, including Monday.com, Tipalti, and Smartnews, generating more than 60% of its revenue from Europe and North America. The startup will continue to support existing customers post-acquisition. Zluri's CEO and co-founder, Ritish Reddy, stated, \"We began Zluri to provide IT and security teams with visibility and control over every application and identity within their organization. Joining Infotech allows us to put that data at the core of IT leaders' decision-making processes, and we're thrilled to collaborate and grow together.\" Zluri has raised over $32 million in funding from prominent investors like Lightspeed, MassMutual Ventures, Endiya Partners, and Kalaari Capital, most recently securing a $20 million Series B round in 2023. Meanwhile, Infotech, formerly known as Info-Tech Research Group, is an Ontario-based IT research and advisory firm that assists organizations in enhancing their technology operations by developing tailored IT strategies, focusing on areas like cybersecurity, cloud infrastructure, data, and AI. As of now, Infotech is aiming to broaden its scope beyond traditional research and advisory services. The firm has experienced a growth rate of more than 340% over the past seven years, reaching an annual revenue of $300 million. The acquisition aligns with a growing trend of global companies acquiring Indian SaaS startups to augment their capabilities. Recent examples include Freshworks' acquisition of US-based Torii to bolster AI and software spend governance, as well as Adobe's acquisition of Peak XV-backed Rilo to enhance marketing workflows and integrate Rilo's capabilities into its enterprise suite.",
  "summary": "IT advisory firm Infotech has acquired Bengaluru-based SaaS startup Zluri to add the latter’s application discovery, identity governance and administration…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}