Also in the letter:
■ Scan QRs to repay loans
■ Late-stage capital stays elusive
■ Early backers make bank
Coforge to acquire US-based Encora in $2.35 billion deal

Indian IT services provider Coforge, formerly NIIT Technologies, is planning to build its AI muscle by acquiring US-based Encora in a multibillion dollar deal.
Deal details:
- Coforge is offering $2.35 billion to Coforge to acquire US-based Encora in $2.35 billion…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)