Coforge-Encora $2.3 bn deal; Zepto IPO papers likely this week

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IT services company Coforge is acquiring US-based Encora in a multi-billion-dollar deal. This and more in today’s ETtech Top 5.

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

Coforge stock

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…



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Coforge-Encora $2.3 bn deal; Zepto IPO papers likely this week


IT services company Coforge is acquiring US-based Encora in a multi-billion-dollar deal. This and more in today’s ETtech Top 5.

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

Coforge stock

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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