Robosoft Technologies to sell 100% stake to TechnoPro Holdings
The Hindu
The acquisition is being done at a total cost of ₹805 crore, says TechnoPro
Shareholders of Robosoft Technologies, a provider of digital transformation solutions for enterprises based out of Udupi, on Tuesday announced the signing of a definitive agreement with TechnoPro Holdings Inc. for the sale of 100% stake in the company. A release from Robosoft said that the company will continue to be led by its current management team, headed by Chief Executive Officer Ravi Teja Bommireddipalli, who is also being elevated as Managing Director and CEO. Robosoft is a full-service digital transformation company, with its mission to simplify lives. The company offers end-to-end solutions in product advisory, design, engineering and analytics. With over two decades of experience in digital platform development, the company is uniquely placed to have witnessed dramatic shifts in the digital world. Robosoft has been instrumental in bringing alive technologies which have changed the way consumers engaged online.
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