Japan’s leading firm Nomura Research Institute set to acquire 25.1% stake in Market Xcel Data Matrix for an undisclosed amount.

Market Xcel offers solutions in the field of personalised research having a presence in metro such as Mumbai, Delhi, Bengaluru, Kolkata and a network of field offices across the country. The company did not disclose financial details of the deal.

The deal highlight the growth in the trading relationship between Indian companies with Japanese counterparts, with this deal Nomura would be able to provide quick research and consulting services to its wide network of clients.

Source : Press Trust of India