Automotive and mobility ecosystem focused IT services player KPIT Technologies announced the acquisition of cloud-based vehicle diagnostics specialist SOMIT solutions. The total value of the acquisition will be around GBP 7.68 million (around Rs 75 crore).
SOMIT enables after-sales operations of high tech luxury and new age OEMs through a cloud-based vehicle diagnostics platform & expert consulting services.
"SOMIT has created a niche for themselves in the challenger EV OEM segment. Their cloud-based platform complements KPITs existing after-sales platform to offer a more integrated solution for the benefit of our T25 clients. KPITs strategic T25 clients will benefit immensely. Generating
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