Qualitest Acquires ZenQ

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Qualitest, a London, UK-based AI-powered quality engineering company, acquired ZenQ PvT Ltd., a Hyderabad, India-based software testing company.

The amount of the deal was not disclosed.

This acquisition extends Qualitest’s geographical footprint in India and adds to its capabilities in Phygital, Analytics, Blockchain, and DevOps. Through this acquisition, Qualitest will add ZenQ’s 600+ quality engineers to its ranks, along with an energetic and effective leadership team that will support its growth and deepen its expertise. 

Founded in 2003 and led by CEO Murali Bollu, ZenQ is a provider of software testing services in various industries, including healthcare, BFSI, education, and retail. The company operates with 600+ engineers working across key Industry verticals including Banking, Healthcare and Retail alongside building significant capability in NextGen technologies such as Blockchain (Crypto), Phygital, Drones, Internet of Things (IoT) and Analytics.

Founded in 1997, and led by Anbu Muppidathi, CEO, Qualitest offers a wide range of AI-powered quality engineering solutions, designed to mitigate the business risk associated with digital adoption. The solutions deploy engagement models tailored to the precise quality engineering needs of technology platforms in the financial services, telecom, healthcare, insurance, tech, media, and utilities industries. The company has operations in the US, UK, Germany, Romania, Israel, Argentina, Mexico, and Portugal, and serves over 250 blue-chip customers worldwide. Qualitest is majority-owned by international private equity group Bridgepoint, which acquired the company in October 2019 via its €5.7 billion flagship fund BE VI.

FinSMEs

14/08/2022