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Silver Lake Kraftwerk and Eka announce strategic investment

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Harmeet
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BANGALORE, INDIA: Eka Software Solutions, the fast growing global provider of end-to-end commodity management software, announced that Silver Lake Kraftwerk, along with existing investor Nexus Venture Partners, has made a strategic investment in Eka.

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Silver Lake Kraftwerk provides growth capital to business innovators in the energy and resource sectorsand is one of the investment strategies of Silver Lake, the world's leading investor in the global technology industry. Silver Lake Kraftwerk led the investment round and will hold a minority stake in the company.

Founded in 2004, Eka is the leading international provider of commodity trading and risk management software.The company's core product is an end-to-end commodity management platform covering trading and position management, physical supply chain, enterprise risk management and compliance and analytics. Eka works across the agriculture, energy and metals and mining sectors with customers that include many large commodity marketers, traders, miners and manufacturers.

This investment will supportEka'sgrowth strategy and enable the company to generate and acquire new functional capabilities at a faster pace. The company's R&D focus will continue to be on developing innovative products and offerings for the physical and financial markets and advancing the company's position as the platform of choice for commodity market participants.

The investment in Eka marks Silver Lake Kraftwerk's first investment in India and Silver Lake Kraftwerk's second investment outside of the United States.