Technology

Infosys to pump in USD 6 mn in US-based Trifacta

NEW DELHI: India's second largest IT services company Infosys Friday said it will make an additional investment of USD 6 million (over Rs 41 crore) in data preparation software company Trifacta Inc.

"The board at the meeting held over July 11-12 approved a follow-on investment of USD 6 million in Trifacta Inc," Infosys said in a regulatory filing.

The additional investment, subject to necessary closing conditions, will take the Bengaluru-based company's total investment in Trifacta to USD 10 million till date, it added.

Infosys, which had invested USD 4 million in Trifacta in 2016, has a minority holding not exceeding 20 per cent of the outstanding share capital o

Related Articles

Back to top button
Close