Chakrabarty, who founded MobiApps and later turned a PE investor, is being backed by a group of other investors who would have majority shares of Minacs.
There names were not immediately k nown.
A spokesperson for Aditya Birla declined comment and so did Sanjay Chakrabarty
, when contacted.
, married to award winning Bengali actress Rituparna Sengupta, is in the midst of launching an Asia focused buyout private equity fund.
would have pulled off two of the biggest M deals in Indian IT industry in the past one year.
Last year, he
sourced and structured a deal involving European PE firm Partners Group's acquisition of Chennai based CSS Corp for $270 million.
co led the buyout and retains a minority stake and board seat in the IT services company, previously owned by Goldman Sachs
, SAIF Partners and Sierra Ventures
would follow a similar trajectory in the Minacs deal as well, structuring and partnering in a transaction with a minority stake and board presence.