Space Matrix, a Singapore-based design business, announced the acquisition of Pursuite, a hospitality-focused e-commerce platform, for an unknown sum on Wednesday.
"The strategic partnership will help bring in global best practices and have a positive impact on the future of workplace design in India," Space Matrix said in a statement.
The Singapore-based firm plans to set up these in Gurgaon, Mumbai and Hyderabad with an investment of Rs 30 crore.