Knowlarity acquires cloud telephony business of Sunoray Solutions

With this acquisition, the cloud-based global business communications firm aims to utilize Sunoray’s market presence across SMEs.

Must Read

Despite economic slowdown, India Inc is optimistic about Budget 2020

Despite slowdown in economy, Indian Inc. is optimistic about the upcoming budget and expect it to usher in a balanced combination of reforms and regulations, which will, in turn, boost India’s growth story

Medical imaging startup Nanox raises $26 million with participation of Foxconn

technology startup Nanox has secured funding of $26 million with participation of Foxconn, bringing the total funds raised to $55 million

Venture Highway raises $78.6 million second fund to invest in startups

Early stage venture capital firm Venture Highway has raised $78.6 million for its second fund focused on technology seed investments in India
Tech Observer Desk
Tech Observer Desk
TechObserver.in covers e-governance, enterprise IT, startups, telecom and consumer electronics.

Knowlarity Communications has acquired Mumbai headquartered Sunoray Solution’s business, for an undisclosed amount. With this acquisition, the cloud-based global business communications firm aims to utilize Sunoray’s market across SMEs.

, founded by Rahul Arora and Sumontro Roy in 2014, is a cloud-SaaS company that offers SMEs latest tech-based product offerings to cater to diverse business needs. Within a short span, the organization has built a diversified product portfolio that caters to the holistic needs of the SME market.

“The growth path and customer profile of both companies is synergistic and the acquisition is consistent with our strategy of acquiring businesses that complement our scale-up, both, in terms of revenue and breadth of offering to our customers”, said Ambarish Gupta, Founder & CEO, Knowlarity.

“Sunoray has successfully identified the growing technology needs of the massive SME market across their customer life-cycle needs and built it into their product roadmap, including Artificial Intelligence (AI) and Machine Learning products. We will also aggressively target the Enterprise Customer with the expanded product”, he added.

“Sunoray is entering its next stage of growth, which will be explosive since the SMEs are now actively seeking simple, effective and economical technology. Knowlarity provides Sunoray the correct blend of resources to drive this growth”, said Sumontro Roy, co-founder & COO, Sunoray Solutions.

Knowlarity has been at the forefront of introducing cutting-edge technologies in the field of business communications and operations. With clients spread all over the world and across different industry verticals as well as stages of growth, the recent acquisition is further proof of the organization’s continuous march towards expanding the scope of its operations not only globally but across newer markets in tier-II and III Indian cities.

- Advertisement -
avatar
1000
  Subscribe  
Notify of
- Advertisement -

Latest in TECH

Despite economic slowdown, India Inc is optimistic about Budget 2020

Despite slowdown in economy, Indian Inc. is optimistic about the upcoming budget and expect it to usher in a balanced combination of reforms and regulations, which will, in turn, boost India’s growth story
- Advertisement - ESDS eNight Cloud Hosting

Related Articles