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Business News/ Companies / Wipro invests $2.05 million in Imanis Data
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Wipro invests $2.05 million in Imanis Data

Wipro has made a strategic investment of $2.05 million in this tranche, taking its total investment in Imanis Data to $4.05 million

Wipro said it has acquired minority stake of less than 20% on a fully diluted basis. Photo: Hemant Mishra/MintPremium
Wipro said it has acquired minority stake of less than 20% on a fully diluted basis. Photo: Hemant Mishra/Mint

New Delhi: IT firm Wipro Ltd on Saturday said it has invested $2.05 million in Imanis Data (formerly Talena).

Wipro has made a strategic investment of $2.05 million in this tranche, taking total investment to $4.05 million, it said in a BSE filing. The transaction has been done through cash and note conversation, it added.

Wipro said it has acquired minority stake of less than 20% on a fully diluted basis. Imanis was founded in 2013 and is headquartered in Delaware, US.

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Published: 23 Dec 2017, 10:53 PM IST
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