Sparrow Advisory

"Accenture to Acquire BRIDGEi2i, Expanding Capabilities in Data Science, Machine Learning and AI-Powered Insights" We are happy to share that the shareholders of BRIDGEi2i Analytics Solutions have agreed to sell strategic stake in the Company. With the stake sale, founders and about 800 employees of BRIDGEi2i will become part of the Accenture’s Applied Intelligence practice. As part of Accenture’s Applied Intelligence business, BRIDGEi2i will have access to a global growth ecosystem that includes a global alliance, innovation and delivery network that can deploy and scale AI within any market and industry. Terms of the transaction were not disclosed. Completion of the transaction is subject to customary closing conditions. BRIDGEi2i was founded in 2011 by Prithvijit Roy, Pritam Kanti Paul and Ashish Sharma, all of whom are alumni of Indian Statistical Institute. The Company has grown to become one of the leading data analytics and digital transformation consulting firm in India. It serves large Fortune 1000 companies across Hi-Tech, Banking, Financial Services, Insurance and Consumer Goods through delivery and sales presence across India, US, Australia and Singapore by combining data engineering, advanced analytics, proprietary AI accelerators and consulting services. Sparrow Business Solutions LLP supported BRIDGEi2i Analytics Solutions on the deal and this closes an almost eight year engagement with the company The period saw tremendous value creation for all who were part of this. Rohit Bhargava, partner at Sparrow Advisory said " BRIDGEi2i is very close to our heart and seeing the company grow from a garage to what it achieved today is nothing less than magical. This will become a case study on how to build a consulting services business to scale and create value for all stakeholders. Proud to be part of this historic journey." Congratulations and great working with you all on the deal Gail Galuppo Rick Van Fleet Anand Melige Sid Banerjee Sunil Mudgal Aleena Varkey Kumarpal Solanki (FCA, DISA) Simarjit Singh Pulkit Moar Anubhav Sharma #mergersacquisitionsdivestitures #finance #dataanlytics #itservices # #india #strategy #entrepreneurship Sparrow Advisory is a Gurgaon based boutique corporate finance firm set up to serves clients in India, Thailand, Philippines and Singapore across sectors ranging from IT Services, Mobility, Technology and Water Treatment. Key service offerings include M&A Advisory, Capital Raise Advisory, Market Entry Strategy Consulting and advisory to corporate houses in investments into emerging sectors. Deal Team Rohit Bhargava, Partner M: +918800449905 E: rohit@sparrowadvisory.com   Simarjit Singh, Senior Analyst M: +91 9971067123 E: simar@sparrowadvisory.com

The celebration of democracy which lasted 44 days across seven phases of voting will culminate in the declaration of results on June 4, 2024. The Jamboree which entitled 968 Million to universal adult suffrage saw participation from over 600 Million adults including 18.5 Million first time voters. The world's largest democracy has spoken its mind and voted to elect the 543 legislators. The exit polls indicate a majority for the National Democratic Alliance (NDA) led by Bharatiya Janata Party (BJP). The charismatic Narendra Modi seems to be leading the NDA to an unprecedented third five year term. The naysayers and ones living in denial for over a decade need to wake up to reality. The country has moved on while they were throwing brickbats. International investors need to stop underestimating the potential India has and fence sitters need to jump right in. All the rhetoric of the elections and the noise created in the media is only for winning elections but is far from reality. The positive buzz in the country is infectious, there is a strut in the walk (or may I say run), entrepreneurship is driving innovation, Indian conglomerates are investing heavily, Government spending is unprecedented and the domestic consumption is soaring. In the last decade, the number of people elevated who have broken from the economic, gender and mental shackles to participate in nation building is large (very large). From dependent on state these will become first time consumers. In the 2024-2029 term India will jump from 4th to 3rd largest economy in 2025. India's per capita income is likely to grow by nearly 70 per cent to USD 4,000 by 2029 from USD 2,450 in 2024, helping it become a middle-income economy with USD 6-trillion GDP as Modi 3.0 will see more bolder decisions. From a personal perspective Sparrow Advisory will be turning 10 next month and the fun and excitement continues. If you are an international investor wanting to know more about the opportunity in your industry in India write to us on info@sparrowadvisory.com Sparrow Valuers Rohit Bhargava

Our partner Rohit Bhargava conducted a session on financial management and accountability at the event "Effective Management of RWAs" under the aegis of Making Model Gurugram (MMG). Our small contribution in making our home, Gurugram a more livable place. Rohit Bhargava #sparrowvaluers #ridgewoodprofessionals #gurugram #gurgaon

☮️ Feel gratitude if your family is with you and pray for all displaced souls who are in conflict zones. Praying for world peace and end of all wars. #worldpeace #merrychristmas

To all friends on LinkedIn, wishes for a Happy Diwali and a properous Samvat 2080. May there be health, wealth, peace, prosperity and harmony in our lives. May India shine and reach new heights. Sparrow Valuers Sparrow Business Solutions LLP #indiashining #india #indianfestival

Deal Announcement: JMR acquires TSP There are transactions where the synergistic value of the deal far exceeds what can be captured in numbers. Glad to be the advisors to both #justmyroots and #thestateplate in this coming together of two inter-state food delivery companies. With the deal, Muskaan Sancheti and Raghav Jhawar become part of JustMyRoots and Acaya Packaging Tech Pvt Ltd Congratulations Samiran Sengupta Sparrow Business Solutions LLP Sparrow Valuers Rohit Bhargava