March 17th, 2018Wipro Ltd announced it has invested $2.02 million in Avaamo Inc and picked up a 20% minority stake on a diluted basis in the US-based artificial intelligence computing platform.
In a BSE filing, the company stated, “Investment of $2.02 million in this tranche through a fresh infusion of funds into Avaamo.” Reports suggest that the...
April 23rd, 2015Working quietly since 2006, Premji Invest investment firm has built up positions and funded around 40 publicly listed and private companies out of a corpus of $1 billion (Rs4,290 crore). Yet, its operations are shrouded in secrecy and the firm has consciously avoided building a public profile.
Premji Invest is a private equity fund...