KPIT acquires Caresoft Global Engineering Solutions Business for $191 million

10 months ago


“At KPIT, we are deepening relationships with trucks and off-highway makers and accelerating foray into China. Also, OEMs across segments are looking for a partner who can bring more agility and cost efficiency by taking an integrated view of software, hardware, and manufacturing. With Caresoft’s strong expertise, we have a strategic partnership which will bring unparalleled value to the mobility ecosystem,” said Kishor Patil, Cofounder, CEO & MD, KPIT Technologies.

Commenting on the deal, Mathew Vachaparampil, CEO of Caresoft Global, said, “This milestone reflects more than growth. It honors our shared values with KPIT: being relentlessly customer-centric and caring deeply for our people. We will jointly deliver more value to our automotive customers in terms of technology, cost, and speed to market.”



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