Rashi Peripherals agreed on 23 June to acquire an upfront 67% stake in VDA Infosolutions, a Mumbai-based enterprise technology and digital infrastructure services company, for ₹368.5 crore in cash.
Why Rashi Peripherals (RP tech) is buying VDA Infosolutions (67%)
RP tech said the deal marks a strategic inflection point as it moves from value-added distribution to a fully integrated technology solutions and services business, allowing it to take customers from distribution through to deployment of complex IT architectures.
Deal terms and financing
The binding agreement values VDA's equity at ₹550 crore. RP tech pays cash for 67% upfront and will acquire the remaining 33% over three years through a predefined mechanism.
Regulatory approvals and timing
Completion is subject to customary closing conditions, after which VDA becomes a subsidiary.
Market context
VDA, founded in 2010 by first-generation entrepreneurs, reported FY26 revenue of about ₹850 crore and partners with IBM, Dell, Broadcom, Cisco and Palo Alto Networks. RP tech had FY26 revenue of ₹15,800 crore and serves more than 10,300 channel partners.
