Singapore's Ascentium Eyes Indian Acquisitions for Asia Push
Singapore-headquartered Ascentium wants to grow in India through acquisitions as it builds an Asia-focused corporate services business. Backed by Hillhouse Investment, it has completed seven Indian acquisitions since 2019 and is negotiating another.
Context
Context: Corporate services cover tasks like accounting, company secretarial work and payroll for businesses. Buying smaller firms is a common way for such companies to grow quickly across a region.
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