Infosys exists Danish startup UNSILO, 4 years after acquisition
Infosys’ innovation fund was set up in 2013 with a corpus of $100 million for start-ups and other innovative businesses outside the company
UNSILO is an artificial intelligence startup focused on advanced text analysis
MUMBAI : Infosys on Tuesday said it has completed the sale of its stake in Denmark-based startup UNSILO for $8,00,000 (approximately ₹5.7 crore). The Bengaluru-based software giant had invested in UNSILO in 2016 about ₹14.5 crore (a little over 14,920,000 Danish Krone) from its $500 million innovation fund.