{"id":21184,"date":"2024-04-08T10:20:05","date_gmt":"2024-04-08T10:20:05","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/08\/stg-acquires-cloud-based-solution-provider-eka-software\/"},"modified":"2024-04-08T10:20:05","modified_gmt":"2024-04-08T10:20:05","slug":"stg-acquires-cloud-based-solution-provider-eka-software","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/08\/stg-acquires-cloud-based-solution-provider-eka-software\/","title":{"rendered":"STG acquires cloud-based solution provider Eka Software"},"content":{"rendered":"
\"STG<\/div>


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US-based equity firm STG<\/a> on Monday said it has acquired Eka<\/a> Software Solutions and will merge the latter with its portfolio company, the Quor Group<\/a>, to provide a broad software suite. Bengaluru-based Eka provides commodities trade and risk management (CTRM) and supply chain solutions with a specialty in the soft agricultural and energies markets, whereas Quor<\/a> specialises in CTRM offerings within the metals ecosystem. <\/p>\n

“The combination of Eka and Quor is a material step forward for the CTRM industry, providing a broad software suite that addresses a spectrum of customer needs across asset classes globally,” the company said in a statement. <\/p>\n

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Eka Founder and CEO, Manav Garg<\/a>, will continue as a board advisor of the combined entity, it added. <\/p>\n

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“The merger could not happen at a more opportune time – we have seen increased volatility across asset classes, greater desire of customers to hedge their risk, and substantial supply chain disruption; all of which leaves the market yearning for solutions from Eka and Quor,” Garg said.<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

US-based equity firm STG on Monday said it has acquired Eka Software Solutions and will merge the latter with its portfolio company, the Quor Group, to provide a broad software suite. Bengaluru-based Eka provides commodities trade and risk management (CTRM) and supply chain solutions with a specialty in the soft agricultural and energies markets, whereas […]<\/p>\n","protected":false},"author":2,"featured_media":21185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[11490,26762,26757,26761,26763,26759,26760,8886,11701,26758],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/21184"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=21184"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/21184\/revisions"}],"predecessor-version":[{"id":21186,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/21184\/revisions\/21186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/21185"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=21184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=21184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=21184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}