Pune's Sunil Kulkarni Acquires Japanese IT Firm, Fidel Softech Expands Globally

• Pune-based Fidel Softech Limited acquired a majority stake in Japan's IM Corporation for approximately 8 million US dollars (75 crore rupees).
• Sunil Kulkarni, a Pune-born entrepreneur, founded Fidel Softech in 2004 after gaining experience in Japan.
• The acquisition boosts Fidel's presence in Japan, increasing the combined team to over 200 professionals and the global workforce to over 500.
• This strategic move combines IM Corporation's Japanese market knowledge with Fidel's IT and AI expertise, enhancing service delivery.
• The deal is a success story of India-Japan SME cooperation, creating employment opportunities for Japanese-speaking Indian youth.