iDeals VDR Acquires EthosData to Capitalize on India’s Growing M&A Market

iDeals, a global leader in secure virtual data room (VDR) solutions, today announced its acquisition of EthosData, a leading provider of VDR services in India. This strategic move positions iDeals to tap into the growing mergers and acquisitions (M&A) market in India, enabling customers to accelerate high-value transactions with its secure, user-friendly data room.

iDeals has been recognized as the most user-friendly VDR provider on G2 for five years in a row, so this acquisition is good news for customers conducting M&A, IPOs, fundraising, and other financial transactions in one of the world’s most dynamic economies. India’s economy is set to grow 7% in 2024, with the country’s life sciences, financial services, and renewable energy sectors predicted to be a focus for dealmakers over the next few years. 

Evgeny Sergeev, CEO of iDeals, said:

“We’re excited to begin working with EthosData’s team and customers in India. This acquisition is part of our strategy to further expand in high-growth markets, building on our strong global presence in Europe, Latin America, and China. Indian businesses now have better access to our market-leading VDR platform and transparent pricing model, which will enable them to securely accelerate their most important business decisions.”

EthosData has an impressive reputation for providing top-tier service to its Indian customers, with its local teams supporting both Indian businesses looking to scale and cross-border transactions from global dealmakers. The integration of EthosData’s local market expertise with iDeals’ global capabilities and market-leading user experience brings unrivaled value to EthosData’s customers and the wider Indian market.

Harsh Batra, Country Head of India for EthosData, added:

“This acquisition gives EthosData’s customers access to the world’s highest-rated Virtual Data Room technology. Our fair pricing model ensures clients only pay for what they use, eliminating unnecessary costs. What also sets us apart is the time we save dealmakers through our unmatched service and support. I’m excited about the impact this will have on accelerating transactions as India continues to be one of the fastest-growing developing economies in the world.”

This acquisition also underscores iDeals’ commitment to disrupting the misleading pricing models used by legacy VDR vendors, who often rely on unclear methods like per-page or upload-based pricing. iDeals offers a simple, transparent pricing structure that allows businesses to easily predict their costs while ensuring the highest level of data security. This clarity empowers customers to focus on their deals without worrying about unexpected charges.