Announced
Financials
Sources
Tags
United States
insurtech
IT Services and IT Consulting
Digital Services
Acquisition
Cross Border
Private
Pending
Friendly
Single Bidder
Majority
Synopsis
Wipro, a technology services and consulting company, agreed to acquire a 60% stake in Aggne, a consulting and managed services company, for $66m. “We are excited about the growth opportunities this new partnership creates for our company and our current and future clients. Joining forces with Wipro will allow us to reach a larger and global set of clients and deepen our presence in the insurance sector. Further, Wipro’s commitment to talent development will provide our employees with new growth opportunities,” Asha Kalidindi, Aggne Co-Founder and CEO.
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