Back

Jeet Sarkar

Technology, Developm... • 1y

Indian technology company Wipro will acquire insurtech firm Aggne Global Inc. and its Hyderabad-based affiliate Aggne Global IT Services for $66 million or around Rs 548 crore. Initially. The company will acquire a 60% stake in an all-cash deal, with an option to purchase the remaining stake over a period of time. According to reports, The transaction is expected to be completed at the latest by February 14, 2024. Aggne Global is an IT, consulting, and managed services company for the property & casualty insurance industry.

0 replies3 likes

More like this

Recommendations from Medial

Shivam Gupta

Business Finance An... • 17d

kunal Bahl and Rohit bansal increase the stake in unicommerce company

0 replies1 like

Rahul Rajak

Hey I am on Medial • 1m

I want to launch an startup which provides services like urban company

0 replies6 likes
Anonymous
Image Description

I was actually wondering if investment from any investor also means he get gets a share from the profit of the company, Say, if an investor buys 20% stake of a company, does it mean he also will get 20% of the profits earned by the company?

1 replies2 likes
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 2m

🚨 Tata Consultancy Services (TCS) becomes 2nd global IT company to breach $20 billion in brand value. 1st Indian IT company to achieve this feat. 🇮🇳 Valuation - $21.3 billion.

4 replies15 likes

Chamarti Sreekar

Passionate about Pos... • 2d

⚡ South Korean gaming giant KRAFTON’s India arm has acquired a controlling 75% stake in Pune-based game studio Nautilus Mobile with an additional ₹118 Cr (~$13.7 Mn) investment. 🔸 This marks the first time the BGMI developer has taken a majority st

See More
0 replies4 likes
Image Description

Bhawesh

Be the change • 1m

As of February 20, 2025, the Burman family, known for their ownership of Dabur India, has acquired a controlling stake in Religare Enterprises Limited (REL), becoming its official promoters. Acquisition Details: Open Offer: In September 2023, the

See More
1 replies3 likes
Image Description

Mridul Das

Introvert! • 3d

Who owns $6.4 billion CRED. (Based on available data on the internet) Funds (Institutional Investors): Held the majority stake at 72.49%. Founder (Kunal Shah): Owned 12.17% of the company. Employee Stock Ownership Plan (ESOP) Pool: Accounted for 1

See More
1 replies2 likes
2

Mahendra Lochhab

Content creator • 10m

One97 Communications Limited, the parent company of Paytm, has denied being in any discussions with the Adani Group regarding a potential stake sale.

0 replies9 likes

SARANSH

CEO • 3m

Unique App Investment Opportunity: Change the World with Us Dear Fellow Visionary, We're creating an app to disrupt the global market. Seeking ₹20 lakhs investment for a lucrative equity stake. Our app solves real-world problems and makes a signifi

See More
0 replies1 like
1

financialnews

Founder And CEO Of F... • 13d

Bajaj Group to buy 26% each in insurance businesses from Allianz Bajaj Finserv to acquire 26% stake from Allianz in Bajaj Allianz Life & Bajaj Allianz General Insurance Mumbai: The Bajaj Group will buy out Allianz SE's stakes in their two insurance

See More
0 replies1 like

Download the medial app to read full posts, comements and news.