Aparajitha is set for its acquisition journey of consolidating robust compliance service provider platforms
Chennai, 7th December 2022:
Aparajitha, India’s largest compliance service provider, is all set to expand its growth and business outlook with the newer acquisitions and consolidating future tech-enabled compliance platforms. The company has set expansion goals in the coming years, envisioning to become the leading player in the compliance segment in India.
Focussing on the Labour, Employee, and Industrial (LEI) and Environment Health and Safety (EHS) related compliance services, Aparajitha presently has strong Pan India domain expertise in Central and State laws pertaining to employees, Labour, Industrial, and EHS regulations. Aparajitha has over 1,700 employees on its rolls and a presence in 25 Indian States, with over 1,750 clients ranging from Fortune 500 companies to MSMEs.
Aparajitha has recently acquired a strategic 76% equity stake in Simpliance Technologies, a subsidiary of Quess Corp. With the acquisition, Aparajitha consolidates all their tech products under the brand name ‘Simpliance’, rebranding ‘Compfie’ to ‘Simpliance’. This enables combined operations, facilitating a more powerful and automated compliance knowledge platform for all the tech and services offered by Aparajitha across the country. This is the second acquisition by Aparajitha in four months, after the acquisition of the business / select assets of Comply India Tech Services Private Limited in June 2022.
Speaking on the company’s vision, growth, and expansion plans, Mr. Nagaraj Krishnan, Managing Director of Aparajitha said, “As Aparajitha consolidates with futuristic business and newer compliance platforms, we assure to create the country’s largest regulatory and efficient Compliance Solutions with quality and integrity. We are glad and excited to announce our recent acquisition with Simpliance, where we believe to bring the best of the services from both companies with world-class digital solutions to the clients combined with high-quality full assurance compliance services on the ground.”
“We are glad to be part of Aparajitha’s expansion and to associate with them in the rebranding of their promising product Compfie to Simpliance GRC. With the acquisition, we offer comprehensive technology and data-oriented compliance solution with digital tools. We believe that Aparajitha-Simpliance can emerge as an undisputed leader in the compliance segment with strong regulatory domain expertise in India and other regions,” commented Lt Cdr Anil Prem D’Souza, Chief Executive Officer of Simpliance Technologies Pvt Ltd.
Promoted by Dr. Bharath Krishna Shankar and Mr. Nagaraj Krishnan, Aparajitha is part of Xcelerate Pte Ltd, a Singapore-headquartered GRC / ESG operating and investment platform. Xcelerate has a clearly defined roll-up strategy to bring together world-class management teams, cutting-edge technologies, and domain experts to offer comprehensive solutions on a regional basis in the GRC / ESG segment.
Incorporated in the year 2000, Aparajitha Corporate Services Private Limited is today India’s No.1 Tech Based Compliance Services provider & Compliance Solutions Provider with a strong presence in all the states and union territories across the country. Aparajitha is well recognized as a Pan-India expert in dealing with the complexities in Labour Law and Industrial Law compliances. Our 1750 plus clientele ranges from startups to Industrial Giants to Multinational Companies to reputed corporate houses across 100 Plus Industries. Aparajitha’s cost-effective solutions are designed and monitored by 1700 plus compliance experts to address all the current and future compliance requirements of organizations. The operations and services are guided by professionalism and principles that stem from Aparajitha’s core values and business ethics of integrity, trust, continuous learning, and partnering progress.