Infotech, the IT research and advisory company formerly known as Info-Tech Research Group, has acquired Bengaluru-based SaaS management startup Zluri. Announced on October 14, 2026, the transaction marks Infotech’s first acquisition in its nearly 30-year history. The financial terms of the deal have not been disclosed. Zluri will operate as a standalone division within Infotech, retaining its product development and core engineering teams in Bengaluru while continuing to serve existing customers.
The acquisition comes alongside the global launch of Infotech’s CIO Analytics platform, which combines operational data from customers’ IT systems with research, industry benchmarks, AI-assisted services and human analyst expertise. Zluri’s application discovery and identity governance capabilities will become core components of the platform, helping enterprises understand software usage, control access permissions and identify opportunities to reduce technology spending. The transaction also gives Zluri access to Infotech’s global network of more than 30,000 IT leaders.
Key Takeaways
- Infotech has completed its acquisition of Zluri, a Bengaluru-based SaaS management and identity governance startup.
- The deal is Infotech’s first acquisition in approximately 30 years.
- Financial terms of the transaction have not been disclosed.
- Zluri’s application discovery and identity governance products will support Infotech’s new CIO Analytics platform.
- Zluri will continue operating as a standalone division, with its core engineering and product teams remaining in Bengaluru.
- Zluri has raised more than $32 million from investors including Lightspeed, MassMutual Ventures, Endiya Partners and Kalaari Capital.
- Infotech says it has surpassed $300 million in annual revenue and grown by more than 340% over the past seven years.
Infotech Acquires Zluri: What the Deal Includes
The acquisition brings Zluri’s software management technology into Infotech’s research and advisory business. Zluri develops tools that help enterprises discover the applications employees use, monitor software spending and manage access to business systems.
The platform addresses a growing challenge for IT departments: organizations often use dozens or hundreds of SaaS applications across different teams. Some tools may be purchased independently by departments, while others are centrally managed. This can make it difficult for IT leaders to maintain an accurate view of software licences, contracts, application usage and access permissions.
Zluri’s technology is designed to bring these details together, allowing businesses to identify unused subscriptions, understand overlapping software capabilities and review who can access particular applications.
Infotech plans to integrate these capabilities into CIO Analytics, a platform that connects enterprise IT data with the company’s research and advisory services. Rather than relying only on generalized recommendations or information supplied manually by customers, the platform is designed to draw insights from operational systems.
The acquisition therefore combines software capabilities with an established advisory network. Infotech can use the acquired technology to expand its product offering, while Zluri gains a channel through which it can reach a larger enterprise customer base.
The deal is also significant because Infotech says it is the first acquisition in its nearly three-decade history, making the transaction a notable change in how the company is expanding its capabilities.
What Is Zluri and What Does Its SaaS Management Platform Do?
Founded in 2020 by Ritish Reddy, Chaithanya Yambari and Sethu Meenakshisundaram, Zluri helps organizations manage their software applications, digital identities and access permissions.
Its platform is designed to provide IT and security teams with visibility into the applications employees use, the licences organizations pay for and the permissions associated with those tools.
For example, a company may pay for multiple software subscriptions that offer overlapping features. Without reliable usage data, the IT department may struggle to identify which subscriptions can be consolidated. Zluri’s application discovery capabilities can help reveal such duplication and support more informed renewal decisions.
The platform also addresses identity governance and administration, commonly abbreviated as IGA. This category of software helps organizations manage which employees have access to which systems and how those permissions change over time.
When an employee joins a company, changes roles or leaves, access rights may need to be created, adjusted or removed. Poorly managed permissions can create security risks, while delayed removal of access can leave former employees with unnecessary privileges.
Zluri’s tools are intended to help organizations manage these processes and improve visibility into application access.
The startup serves more than 250 enterprise customers globally, according to company and media reports. Reported customers include Monday.com, Tipalti, Whoop, Catapult Sports, Razorpay, SmartNews, Amagi, Daxko and Traveloka.
Zluri has raised more than $32 million in funding from Lightspeed, MassMutual Ventures, Endiya Partners and Kalaari Capital. Its most recent major funding round was a $20 million Series B announced in 2023.
Infotech Launches CIO Analytics to Connect AI With Enterprise IT Data
The acquisition coincides with Infotech’s global launch of CIO Analytics, a platform designed to connect operational IT data with research, benchmarks, AI-assisted services and analyst expertise.
The platform is intended to help chief information officers and other IT leaders make decisions based on a more current view of their technology environments. It uses APIs to connect with supported enterprise systems, reducing the need for customers to repeatedly export data or manually explain their IT operations to advisers.
Infotech launched CIO Analytics with three core modules:
| Module | Primary function |
|---|---|
| Service Desk Analytics | Tracks service desk performance, including ticket backlogs, customer satisfaction and resolution times |
| Application Discovery | Consolidates application usage, software licences, contracts, ownership and spending |
| Identity Governance and Administration | Helps manage application access and permissions as employees join, change roles or leave |
Zluri’s technology powers the Application Discovery and Identity Governance and Administration modules. Service Desk Analytics is the third component of the initial offering.
The platform also supports AI-Assisted Advisory, which helps customers create documents such as IT strategies and ransomware response plans. Infotech says its analysts remain involved in shaping and validating the resulting work.
This combination is intended to address a limitation of traditional advisory services: general recommendations may be useful, but their practical value depends on how well they fit an organization’s actual systems, spending and operational constraints.
By bringing together data, benchmarks and expert guidance, Infotech aims to connect analysis more directly with the decisions IT leaders need to make.
Why Infotech Is Expanding Beyond Traditional IT Advisory
Infotech has historically focused on research, benchmarks and advisory services for technology leaders. The acquisition of Zluri indicates a move toward a more software-driven model in which its recommendations can be informed by operational data from customers’ own systems.
The company says it has grown by more than 340% over the past seven years and surpassed $300 million in annual revenue. Its expansion comes as businesses increasingly use AI to analyze operational information and seek more tailored guidance rather than relying exclusively on static reports.
The broader challenge for research and advisory companies is that AI tools can make general information and analysis easier to access. A differentiated service may therefore need to provide more than information: it must help customers interpret their own data, understand how their performance compares with peers and decide which actions to take.
CIO Analytics is designed around that approach. For instance, a company reviewing its software expenses could use application data to identify unused licences, compare its technology environment with relevant benchmarks and consult analysts about consolidation options.
The acquisition gives Infotech software capabilities that can support this strategy without requiring it to develop every component internally.
However, the value of the approach will depend on the quality of the data collected, the systems supported, the usefulness of the resulting recommendations and the extent to which customers act on them.
How the Acquisition Could Benefit Zluri
For Zluri, joining Infotech provides access to a wider network of enterprise IT decision-makers. Infotech says its global community includes more than 30,000 IT leaders, creating a potential distribution channel for Zluri’s software.
Enterprise software companies often face challenges when expanding into new markets, including lengthy sales cycles, complex procurement requirements and the need to build trust with IT and security teams. Access to an established advisory network could help Zluri introduce its products to organizations already working with Infotech.
The acquisition may also create opportunities to connect software management data with advisory services. Application usage, licence costs and access permissions can reveal operational issues, but organizations still need to decide which changes to prioritize and how to implement them.
Zluri’s technology could provide the data layer, while Infotech’s research and analysts help customers interpret the findings and plan next steps.
The company has confirmed that Zluri will continue operating as a standalone division and will retain its Bengaluru-based product development and core engineering teams. It has also indicated plans to scale its technology teams.
The financial terms have not been disclosed, so the purchase price, valuation multiple and returns for Zluri’s existing investors cannot be determined from the available announcements.
What the Deal Means for SaaS Management and Identity Security
Businesses increasingly rely on cloud software for communication, finance, customer management, analytics and internal operations. As application portfolios expand, organizations can find it difficult to maintain complete visibility into subscriptions, software usage and access permissions.
This creates two related challenges: controlling costs and reducing security exposure.
From a cost perspective, unused subscriptions and overlapping applications can increase spending without delivering additional value. Application discovery tools can help IT teams identify these inefficiencies before software contracts are renewed.
From a security perspective, access permissions must change as employees move between roles or leave the organization. Excessive or outdated permissions can increase the risk of unauthorized access, while manual processes may make it difficult to apply changes consistently across many systems.
Identity governance tools help organizations establish more systematic processes for reviewing and managing those permissions.
Combining these capabilities with analytics and advisory services could help businesses connect software spending, operational performance and security decisions within a more integrated workflow.
However, these benefits are not automatic. Organizations still need appropriate access controls, accurate data, effective implementation and clear accountability for decisions. The acquisition gives Infotech additional capabilities, but its impact will depend on how well the combined offering works in customer environments.
The Bigger Picture
Infotech’s acquisition of Zluri reflects a broader shift in enterprise technology toward combining AI, operational data and domain expertise. As businesses adopt more software and AI tools, IT leaders need ways to understand what applications are being used, how much they cost and whether access permissions remain appropriate. Infotech is positioning CIO Analytics to connect these operational questions with benchmarks and expert guidance, rather than treating advisory work as a separate activity from day-to-day IT management.
For Indian SaaS companies, the deal also illustrates how an acquisition can provide access to an established international customer network. Zluri retains its product team and standalone division, while Infotech adds technology that would otherwise require time to develop. The undisclosed financial terms limit conclusions about the valuation or investment returns, but the strategic rationale is clear: Infotech wants to expand its technology-enabled advisory offering, and Zluri gains a potential route to more enterprise customers.
What Happens Next?
The immediate priority will be integrating Zluri’s Application Discovery and Identity Governance and Administration capabilities into Infotech’s CIO Analytics platform. Customers will need to evaluate supported integrations, data permissions, implementation timelines and how the modules fit with their existing software and security processes. Infotech’s ability to connect these tools with its advisory services will be an important measure of whether the acquisition delivers practical value.
Over the longer term, the combined business will need to demonstrate that its platform can turn operational data into useful recommendations and measurable improvements in software spending, service performance and access governance. Zluri’s continued product development in Bengaluru and Infotech’s access to a global IT leadership network create opportunities for expansion, but customer adoption, integration quality and the effectiveness of the combined offering will determine the deal’s commercial impact.
Frequently Asked Questions
1. Who acquired Zluri?
Infotech, formerly known as Info-Tech Research Group, acquired Bengaluru-based SaaS management and identity governance startup Zluri. The acquisition was announced as completed on October 14, 2026.
2. How much did Infotech pay to acquire Zluri?
The financial terms of the acquisition have not been disclosed. The purchase price and valuation of Zluri therefore remain unknown.
3. Who founded Zluri, and who funded the startup?
Zluri was founded in 2020 by Ritish Reddy, Chaithanya Yambari and Sethu Meenakshisundaram. Its investors include Lightspeed, MassMutual Ventures, Endiya Partners and Kalaari Capital. The startup has raised more than $32 million in funding.
4. What happens to Zluri after the acquisition?
Zluri will operate as a standalone division of Infotech, retain its core engineering and product development teams in Bengaluru, and continue serving existing customers. Its application discovery and identity governance products will become core modules of Infotech’s CIO Analytics platform.
Sources
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