We are pleased to announce that Nine Rivers Capital acted as the sole financial advisor in the acquisition of the IoT division of netCORE Solutions by Gaia Smart Cities. netCORE in turn will invest in Gaia and continue to support the company through its rapid growth period.
This acquisition will create a leading technology and innovation enterprise, differentiated by its ability to deliver ground-breaking products rapidly. The cloud-based platform INSIGHT developed by netCORE Solutions will further enhance the capability of Gaia, a start-up, to rapidly deploy Internet of Things (IoT) solutions - sensors and gadgets - to increase their customers performance.
As part of our Technology and Digital practice, we are very upbeat about rapid adoption of IoT solutions within the country. We see a big synergy in Gaia Smart Cities scaling up what netCORE started as a pioneering effort 2 years back.
Please find link to the news article in Business World: click here