KPMG India buys SAP consulting firm Shivansh Solutions

26 March 2020 3 min. read
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KPMG India has boosted its digital practice through the acquisition of Delhi-based SAP specialist firm Shivansh Solutions. The deal entails the transfer of Shivansh Solutions’ talent pool, leadership and products and intellectual property to KPMG.

Shivansh Solutions’ primary expertise lies in SAP, a global enterprise management software that helps companies manage all facets of their internal operations, from customer relationship management to production and human resource management.

Shivansh Solutions was formed in 2011 when a number of SAP specialists from across India teamed up to embark on a new adventure. Since then, the firm has been offering tailored solutions to an expanding client pool across the country, with offerings spanning areas of SAP implementation, offshore & onsite support, business process consultancy, SAP system audit, business intelligence, and data migration.

The firm’s entire 90-strong team, including the firm’s directors, will now move to KPMG. Among them is co-founder and director Amit Gupta, a SAP-verified consultant who has nearly a decade of experience with the software, and has worked with a variety of clients including SAP India, HCL and Satyam.

KPMG India makes strategic tech acquisition to boost SAP offerings

Gupta indicated that the move is an exciting one for growth prospects in India, particularly in light of KPMG’s expansive network of operations. “With KPMG’s expertise in emerging technologies such as artificial intelligence (AI), RPA and blockchain, we will be able to boost our expertise and enhance our customer experience.”

“This deal provides tremendous synergy and growth opportunity through an extended service offering for our employees, customers and partners. We are truly excited about embarking on this exciting journey with KPMG in India, which will help us unlock numerous growth opportunities,” he added.

For KPMG, the move represents an avenue to bolster its capacity in the SAP space. The Big Four accounting and advisory firm recently published a global report that positions India as one of the most disruptive tech markets across the globe, a scenario upon which many major firms are looking to capitalise.

KPMG has been looking to meet this competition through a combination of hiring, partnerships and acquisitions. In the last two years, the firm has begun a partnership with UiPath to deliver robotics and automation solutions, and has acquired recommender labs to offer artificial intelligence (AI) solutions. This latest move will help develop its SAP solutions, and boost KPMG’s Technology Implementation practice.

“Technology implementation and consulting are shifting the business performance of companies with better insights and more accurate results. Shivansh is known for its consulting expertise, with a track record of successful implementation for clients across a range of industries,” said Mandar Joshi, Partner & Head of Technology Implementation at KPMG India.

The move comes two weeks after KPMG closed a deal in Australia, acquiring the Australian practice of Action Sustainability, and a month after the acquisition of the ServiceNow practice of Wirefire in Canada.