Accenture to Acquire Our Portfolio Company, Flutura

We are happy to share the exciting news about our India-based portfolio company Flutura's forthcoming acquisition by Accenture.

Accenture Senior Managing Director and Accenture Applied Intelligence lead for Growth Markets, Senthil Ramani, shared that Flutura “democratizes AI for engineers, enabling manufacturing and other asset-intensive companies with the carbon intelligence to reduce emissions, energy consumption and lost output due to unplanned downtime of industrial assets.”

According to Accenture, Flutura will bolster Accenture’s industrial AI services for clients and expects that the acquisition will increase the performance of plants, refineries, and supply chains, and bring clients closer to their net zero goals.

We are thrilled to have played a part in Flutura’s journey over the past six years. A hearty congratulations to co-founders Krishnan Raman, Derick Jose, and Srikanth Muralidhara.

It's our pleasure to be supporting the robust growth of startups in India and partnering our founders on the challenging company building journey, from series A to exit.

Congratulations again to our founders and their teams from our India-based portfolio Recko (A Stripe company), GlowRoad.com and Active.Ai - A Gupshup Inc Company which had been acquired last year.

Read more about Accenture’s upcoming acquisition of Flutura here:

Other Press releases:

• VC Circle
• Livemint

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