Haveli buys major stake in AppViewX

Austin-based private equity firm Haveli Investments has acquired major stake in AppViewX, one of the globally top three among automated certificate lifecycle management companies, for an undisclosed sum.

AppViewX, headquartered in New York with centres in Coimbatore and Bengaluru and to be headed by Dino DiMarino as its CEO, will look at 30% business growth annually.

Anand Purushothaman, founder and Chief Technology Officer of AppViewX, and Mr. DiMarino told the media in Coimbatore on Thursday that its clients include new age companies, auto manufacturers, banking, finance and insurance firms, and healthcare institutions in different geographies globally. The company recently entered the Indian market.