Coimbatore-based software as a service (SaaS) company Kovai.co has acquired Cerebrata, a privately-held SaaS company based out of Udaipur in Rajasthan in a 100 per cent cash deal.

However, the financial details of the deal has not yet been disclosed.

With this, Kovai.co has acquired all the assets and IP of Cerebrata, however, the Cerebrata brand would still remain independent for some time.

According to the company this acquisition would help them in adding another 15 per cent – 20 per cent revenue to its top line in the next 10-12 months.