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Saksoft merges with Augmento Labs to consolidate

PRIVATESep 24, 2026about 2 hours ago

Acquiring Company

Saksoft Limited

Acquired Company

Augmento Labs

ChennaiBengaluruInformation TechnologyAnalyticsInformation Technology

Description

Saksoft Limited has received NCLT approval for its merger with Augmento Labs. The amalgamation aims to simplify the business structure and enhance operational efficiency. The merger is part of a plan to optimize resource utilization and reduce administrative burdens. The transaction involves no new share issues due to Augmento Labs being a wholly owned subsidiary.

Company Information

Company

Saksoft Limited

Location

Chennai, Tamil Nadu, India

About

Saksoft is an IT services and IT enabled services provider. The company specializes in solutions for Business Transformation, Information Management, and Application Development & Testing. It is listed on the NSE and BSE Stock Exchanges. The company aims to consolidate its business structure by merging with its wholly-owned subsidiary.

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Frequently asked

Who acquired Augmento Labs?

Augmento Labs was acquired by Saksoft Limited, based in Chennai. The deal was reported on September 24, 2026. Saksoft is an IT services and IT enabled services provider. The company specializes in solutions for Business Transformation, Information Management, and Application Development & Testing. Saksoft Limited is privately held and operates in Information Technology.

When did Saksoft Limited acquire Augmento Labs?

Saksoft Limited's acquisition of Augmento Labs was reported on September 24, 2026. Saksoft Limited has received NCLT approval for its merger with Augmento Labs. The amalgamation aims to simplify the business structure and enhance operational efficiency. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Augmento Labs do?

Augmento Labs is next-gen fast-growing startup software services organizations that specialize in providing unique scalable solutions with cost to value advantages that are driven by innovation. It is privately held, operating in Information Technology, and is based in Bengaluru.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.