Xcelerate, a Singapore headquartered platform, is creating a Governance, Risk and Compliance (GRC) investment and operational organization to offer comprehensive GRC solutions to clients across markets with a strategy to grow both organically and through acquisitions.
It made its first acquisition into Aparajitha in Nov 2021. Aparajitha is the market leader in India with solutions relating to Employee and Contract Labour Law, Shops & Establishments Act, Factories Act, Industrial Licenses, Mines & Minerals Act and Payroll processing and related compliances, covering over 170+ acts and 5,700 + compliance tasks. It is a pan India player with offices / branches in 145+ locations across India catering to the statutory and regulatory requirements of over 1200 + clients in the identified segments. Aparajitha’s clientele includes large MNCs, leading financial institutions, reputed conglomerates and many MSMEs across industries.