Singapore based cyber protection company Acronis has reportedly received an investment of $ 250 million from CVC Capital Partners.
This will help support Acronis’ global expansion including the setting up of a cloud data centre and acquisition of companies in India.
The $ 250 million investment has increased the company’s value from $ 1 billion in 2019 to over $ 2.5 billion.
Acronis had established permanent presence in India in 2019 and its business has been growing rapidly since then.
