TMF Group Acquires Nyaasa

TMF Group, a leading provider of high-value business services to clients operating and investing globally, has agreed to acquire Nyaasa, a 33-strong Indian business process outsourcing firm.

The acquisition was completed in October and will see Nyaasa's Pune-based business – which specialises in bookkeeping, management reporting, taxation, payroll, registration and licenses as well as fixed assets verification and tagging – integrated into TMF Group's Indian arm.

Nyaasa's founder Kaustubh Behere, said: "This acquisition marks an exciting milestone for our business. At a local level, TMF India's services are well established and highly complementary. On a broader scale, TMF Group's global footprint will likely be of significant benefit to our clients with global service needs.