The information technology (IT) and information technology enabled services (ITeS) industry has been one of the key driving forces fuelling India’s economic growth. IT and ITeS sector’s contribution to the national GDP has increased from 1.2 per cent in 1997-98 to an estimated 7.5 per cent in 2011-12.
As per NASSCOM estimates, IT and ITeS sector (excluding hardware) revenues are estimated at US$ 87.6 billion in FY 2011-12. The industry is expected to grow by 19 per cent during FY 2012-13.
Additionally, the market size of the industry is expected to rise to US$ 225 billion by 2020 considering India’s competitive position, growing demand for exports, Government policy support, and increasing global footprint
More recently, online retailing, cloud computing and e-commerce are the major driving forces behind the rapidly increasing growth in the IT industry. Online shopping has increased with the emergence of internet retailing and e-commerce.
We have considerable execution capabilities and transaction expertise in the following areas:
IT services, including ADM, ERP, IMS, consulting
Software product/ IP companies
e commerce- early/ growth stage
Clip Financial has strong experience in the technology sector, especially in capital syndication and Mergers and Acquisitions.