Technology

Trianz Announces Strategic Growth Capital Investment by Capital Square Partners

Published

3 years ago

February 21, 2024

SANTA CLARA, Calif., Feb. 21, 2024 /PRNewswire/ — Digital transformation software and services firm Trianz crossed a significant milestone in its journey in the form of a major growth equity investment from Capital Square Partners (CSP), based out of Singapore. Financial terms of the private transaction were not disclosed.

In 2020, Trianz concluded from a global digital transformation study that companies worldwide would face three major barriers in their digital evolution: ever-shrinking competitive windows to transform, hard-to-find digital-ready talent, and financial uncertainties. Thus began a journey of its own transformation, with Trianz disrupting its value proposition and business model from pure-play services to an ‘IP Led’ model. With a vision to deliver the fastest time to value, lowest human dependence, and highest ROI, Trianz built hyper-automated platforms in data and analytics, AI, cloud, and the digital workplace. The company’s relentless pursuit of a new model for transformation has resulted in pivotal milestones, beginning with the acquisition of some of its analytics IP by Amazon in late 2021, and the launch of cutting-edge, zero-code, and SaaS platforms in employee experience, cloud, and data transformations, which are now hosted on AWS.

The company’s flagship platforms—Concierto.Cloud (Migrate, Manage, and Maximize the multi-hybrid cloud); Extrica.AI (Data to AI); and Pulse (Digital Workplace)—deliver industry-leading transformations measured in speed, lower manual efforts, AI, and ROI. Trianz-developed IP is in use by thousands of AWS customers, and its cloud and data/AI platforms see great momentum in partnership with cloud providers. These digital transformation platforms are expected to power over 50% of the company’s new revenues moving forward.

“The impact of a company’s failure to transform on time is enormous on all its stakeholders—customers, partners, employees, leadership, and shareholders. Our ‘Digital Platforms Led’ model accelerates the reinvention of a company’s digital evolution and enables new value propositions which automatically propel it forward,” said Sri Manchala, CEO of Trianz. “Our ‘IP-Led’ model relies on zero-code, SaaS platforms to revolutionize the cloud, data, and employee journeys for companies from global to emerging enterprises across industries. These being hosted on AWS with Extrica.AI now certified and listed on the AWS Marketplace signifies the robustness of our platforms. And undoubtedly, customer success from this new approach gives us enormous pride, satisfaction, and motivation to do more.”

The transformative journey of Trianz itself over the past few years has been remarkable. Trianz thought differently during an unprecedented pandemic and global uncertainties and executed relentlessly. Rajeev Srivastava and Mukesh Sharda, Managing Partners of CSP, jointly said, “We are excited and proud to join forces with Trianz as it shapes a new model for digital transformations for companies worldwide.”

“We have turned a vision we outlined in 2021 into a reality today. This financial partnership with CSP comes at a time when private equity investments into tech-enabled services have shrunk significantly over the past two years. It is a testimony of the success we are delivering to customers and a result of the efforts of Trianz leaders and associates and guidance from our board,” said Sri. “We consummated this partnership with CSP based on the efforts they made to understand the Trianz business, customers, our paradigm shift, and their commitment towards creating an environment that fosters innovation and rapid scaling. Even as we celebrate this success, we recognize the responsibility that comes with it. Trianz will continue pushing boundaries in becoming a leader in digital transformations, delivering value, and setting new benchmarks in the industry,” added Sri.

About Trianz

Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz accelerates the digital evolution of companies from strategy through execution and sustenance. Based on a vision outlined in his book, ‘Crossing the Digital Faultline: 10 Rules of Highly Successful Leaders,’ and an interview with Bloomberg Quint, Sri and the leadership team at Trianz have created a unique, multi-disciplinary, and IP-Led model which enables client transitions to new value propositions, digitalized processes, and great stakeholder experiences utilizing analytics, digital, cloud, infrastructure, and cybersecurity technologies.

Trianz is a Premier Partner of AWS, and its portfolio of technologies and services has been rated #1 for business impact by a Fortune 1000 client base for five years in a row. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email reach@trianz.com or visit www.trianz.com.

Sri Manchala’s interview with Bloomberg can be viewed on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube . More information about Crossing the Digital Faultline can be found at Crossing the Digital Faultline | Trianz.

About Capital Square Partners

Founded in 2014 in Singapore, CSP is a private equity firm investing in cross-border technology and business services across Southeast Asia and India. As a sector-focused fund manager with $1.5 billion under management, CSP is one of the largest dedicated technology and technology-enabled business services private equity fund managers in Asia. Over the past decade, the team has invested, created, and exited a number of leading companies in the technology services sector, including Minacs, Indecomm, GAVS Technologies and Accion Labs. CSP holds a Capital Markets Services (CMS) License from the Monetary Authority of Singapore.

www.capitalsquarepartners.com

About the Transaction

The investment transaction with Capital Square Partners was led entirely by the corporate development team at Trianz. Legal advice was provided by Menon Associates (India) and Greenberg Traurig (London, UK).

Trianz Media Team
media.contact@trianz.com
+1-408-387-5800

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Technology

Bybit Renews P2P Super Deal with Up to 99% Savings for New Users

Published

35 minutes ago

November 3, 2026

DUBAI, UAE, Nov. 3, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has launched the latest round of its Bybit P2P Super Deal, a new-user exclusive promotion offering guaranteed coupons worth up to 99 USDT and savings of up to 99% on eligible P2P orders.

From now to March 30, 2027, P2P Super Deal continues Bybit’s long-running tradition of rewarding newcomers with meaningful incentives as they begin their crypto journey on the platform’s popular peer-to-peer marketplace.

Eligible new users may complete a first-time deposit or trade of just 10 USDT via Bybit P2P to unlock a guaranteed coupon valued between 10 and 99 USDT, which can be applied to the next eligible P2P order for savings of up to 99%.

How It Works

Signing up and verifications: New users must create a Bybit account and complete the necessary identity verification and visit P2P Super Deal to confirm eligibility.First deposit starting at 10 USDT: Participants can locate the “P2P Super Deal” task on the Bybit P2P Trading page and complete an initial deposit.Lucky draw chance: Upon completing the deposit task, a spin of the lucky draw wheel offers a chance to win a coupon valued at up to 99 USDT.Applying the coupon: The coupon can be applied to the next P2P order, reducing the fiat amount paid and delivering savings of up to 99%.

The latest Bybit P2P Super Deal presents a bonus opportunity. For participants who complete an eligible trading or deposit task at 100 USDT or more, an additional spin is available for them to unlock more chances to win higher-value rewards.

Bybit offers year-round benefits for the trading community across its products and services. Bybit P2P combines zero trading fees, support for a wide range of fiat currencies, and an enterprise-grade escrow system, making it an intuitive and powerful platform for both new and experienced traders.

More details on event mechanics, eligibility, and terms and conditions are available at: Learn more about the P2P Super Deal

#Bybit / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Technology

Asset manager margins squeezed as infrastructure bill climbs, PwC finds

Published

35 minutes ago

November 3, 2026

Infrastructure moves up the strategic agenda as asset managers confront margin pressure

LUXEMBOURG, Nov. 3, 2026 /PRNewswire/ — Infrastructure is moving from the back office to the centre of asset managers’ strategy. With profit per AuM down 19% since 2018 and projected to fall another 9.1% by 2030, decisions on what to build, buy or access through partners now shape how firms compete, according to PwC’s Global Asset Management Infrastructure: Rethinking the industry’s piping report. 67% say fee compression is limiting their ability to invest.

Spending is also tied to the past: only 23% of asset managers direct most of their technology budget to new capabilities, while 29% spend more than 70% of it maintaining legacy systems.

Surveying 150 asset managers and 50 infrastructure providers, the report finds AI is sharpening these constraints. Some 24% cite data fragmentation and 17% legacy systems as major barriers to scaling AI.

Roland Kastoun, Global Asset and Wealth Management Advisory Leader, PwC, notes: “The industry’s profits per dollar managed have fallen by almost a fifth, and the bill for the pipes keeps rising. The managers who survive the next five years won’t be the ones with the flashiest AI, but rather the ones who fixed the so-called boring stuff first.”

Market data is seen as poor value for money, with 58% ranking it among the most expensive infrastructure layers relative to the value delivered, ahead of regulatory reporting systems (47%) and core technology platforms (46%).

Meanwhile, some 70% of infrastructure providers expect a larger share of industry revenues, while 68% name hyperscale cloud providers as the main emerging threat.

“Seven in ten infrastructure providers expect to take a bigger slice of the pie, which tells you where the power in this industry is quietly shifting,” said Björn Ebert, Financial Services Leader, PwC Luxembourg.

Some 44% favour hybrid sourcing models combining in-house, bought and partnered capabilities, compared with 21% who prefer to buy, 18% to partner and 13% to build in-house.

The report identifies four emerging infrastructure archetypes, namely infrastructure orchestrators, digital and tokenisation platforms, specialist modular providers and integrated asset managers. No single model fits every firm. Each must decide what to own, what to standardise and where a specialist can do the job better. Those who decide early will be better placed to protect margins through 2030.

Media Contact
Penta Group, pwc@pentagroup.com

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Technology

Temu Partners with Latvian IT Cluster to Help Local Businesses Grow Online

Published

35 minutes ago

November 3, 2026

RIGA, Latvia, Nov. 3, 2026 /PRNewswire/ — Temu has signed a memorandum of understanding (MoU) with the Latvian IT Cluster (Latvijas IT klasteris) to support Latvia’s digital business ecosystem, providing local small and medium-sized enterprises (SMEs) with broader access to digital tools, knowledge, and international e-commerce opportunities.

Under the MoU, Temu will collaborate with the Latvian IT Cluster on its programs and activities, host educational webinars and exchange insights with local industry experts. The collaboration brings together Temu’s experience as an international marketplace operator and Latvian IT Cluster’s work helping businesses across sectors adopt digital tools.

Temu and Latvian IT Cluster hosted “The Path to Growth: Navigating E-commerce for European SMEs” on Oct. 20, drawing participants from local businesses across various industries. The webinar covered Temu’s Local Seller Program, logistics and regulatory requirements, and included a Q&A with Temu representatives.

“We are delighted to welcome Temu as a member of the Latvian IT Cluster. The involvement of internationally recognized companies in our ecosystem creates new opportunities for Latvian businesses to gain valuable knowledge, build connections, and strengthen their competitiveness,” said Aiga Irmeja, Chair of the Board at Latvian IT Cluster. “We are pleased that our partnership has already resulted in joint activities exploring e-commerce opportunities in Europe, and we hope this is just the first step towards further joint initiatives that will support the presence of Latvian businesses in the digital economy and international markets.”

The focus on practical guidance and direct dialogue responds to the challenges of complexity and connection, two of the key barriers to growth identified in Temu’s recent Small Business Insights Report, which was informed by meetings and discussions with over 100 European trade organizations.

“We want more small businesses in Latvia to benefit from the opportunities that e-commerce creates,” said a Temu spokesperson. “Working with Latvian IT Cluster brings us closer to local entrepreneurs, helping us understand their needs and support their ambitions to reach new customers and grow across Europe.”

Temu opened its Local Seller Program to businesses in Latvia in October 2025. In March 2026, it signed a logistics MoU with national postal operator Latvijas Pasts to support delivery and returns for local sellers.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

About Latvian IT Cluster

Latvian IT Cluster is an ICT association with around 100 members and 20 years of experience in advancing Latvia’s digital ecosystem. Through national and international initiatives, including the European Digital Innovation Hub, Digital Europe, Team Latvia and AI Studio, the association fosters innovation, digital transformation, knowledge sharing and cross-sector collaboration.

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