DOT1 Solutions Private Limited
DOT1 felicitated among the Best in the Consulting Industry for the year 2015, by CONSULTANTS REVIEW magazine.
Oct-2015 MUMBAI: Seasoned investment manager Vikram Kotak, who till recently was the head of investments at Deutsche Bank's India mutual fund arm, has turned a PE investor. Kotak, who now heads Crest Capital, has picked up 25% in DOT1 Solutions, a start-up in the management consulting, technology services, and business transformation outsourcing space. DOT1 was started by Sanjay Hiranandani, a chartered accountant by training, along with people who earlier worked for global majors like SAP, Siemens, Accenture, and Capgemini.
Crest Capital & Investment acquired 25% stake in DOT1 Solutions through the CCD route, however, the two parties are not disclosing other details of the transaction. The new funds will be used for expanding the business of the company, which within a year of its launch has companies like Kirloskar Systech (a Kirloskar group company), Sula Vineyards (India's leading winemaker), and MT Educare (popularly Mahesh Tutorials) as its clients. Crest Capital is a multi-asset investment company that picks up minority stakes in listed and unlisted companies through the equity or quasi-equity routes.
"We evaluated various companies with the ability to bring in the real transformation to business and organizations," Kotak said. "DOT1 was one services company that fitted our definition of assets helping us arrive at a price commensurate with the value they bring to the Indian ecosystem," he said.
DOT1 announced it's partnerships with Kronos, global leader in delivering workforce management solutions in the cloud. Tens of thousands of organizations in more than 100 countries — including more than half of the Fortune 1000® — use Kronos to control labour costs, minimize compliance risk, and improve workforce productivity. Learn more about Kronos industry-specific time and attendance, scheduling, absence management, hiring, and labour analytics applications at Kronos.co.uk. Kronos: Workforce Innovation That Works™.
Reinforcing sector expertise notably in media & entertainment: 4Cplus brings an attractive portfolio of major products and clients complementary to those of DOT1. This transaction also reinforces both organizations’ positions in the media & entertainment sector and prompts a faster transition to platform-based solutions.
Enlarging capabilities and offering portfolio: ERP extension for Print Media, Advertising, Editorial System & Distribution. Advise, Deliver and Optimize across value streams of Media Asset Management, Broadcast Management & Digital Newsroom. A large pool of SAP, Oracle, Java, .Net, Mobility, Portal, Digital, and RPA across large delivery centers.
Enhancing competitiveness: Increased footprint across print, broadcast, and digital customer base. Customer proximity across India, NA, EMEA, and APAC.
Sanjay Gupta, CEO, 4Cplus said “We are gratified that the company we founded 20 years ago has through this merger developed into a global enterprise of 250+ employees. We are pleased to have found a great partner for the business and are confident that our employees and customers will benefit from the enhanced service & product offerings. We are looking forward to combining our products with the consulting knowledge of DOT1.”
Best in the Consulting industry
Sanjay Hiranandani, CEO, DOT1 Solutions said “I am delighted to announce this very important transaction, so early in DOT1’s journey. 4Cplus perfectly fits our strategic ambition and there is a clear meeting of minds amongst us as people. It will give us a new status in the global market, and take further our commitment to vertically integrate within the media & entertainment supply chain. Proof of Value is already there to see with both companies coming together, even before this merger, to deliver products & services to large publishing houses in India. This will also give DOT1’s India operations a new scale, with delivery centers across the West, South, and North of India. I am glad to welcome new ‘knowledge products’ (talent) and leaders to DOT1, who share our convictions and professional culture” He further added “this merger will allow customers to make a choice on the platforms that adds value to their business rather than being compelled to make decisions based on roadmaps of large organizations who fail to understand the compulsions of the Media organizations”
Mumbai & New Delhi, April 10th, 2019 – Four C Plus (Internet) Company Limited and DOT1 Solutions Private Limited today announced that they have entered into a definitive merger agreement. The merger agreement has been approved unanimously by both DOT1 and 4Cplus Board of Directors.
4Cplus had established itself, in the last 20 years, as a quality provider of software solutions to news publishers, digital media companies, and broadcasters. The company provides end-to-end technology solutions to its clients that include software development, offshore & onsite software development. 4Cplus has domain expertise in Enterprise Solutions (ERP), Internet/ Applications, Technology Solutions, and Newsroom Automation.
DOT1, incorporated in 2014, delivers over 50+ services (products) in Management Consulting, Technology Services, and Business Transformation Outsourcing.
With this merger, 4Cplus will strengthen DOT1’s Industry (Media & Entertainment) and Digital (social, mobility, analytics, and robotics process automation) Capabilities.
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