Infosys invests $3 mn in WHOOP – Feedback

Infosys said it had made an investment of $3 million (around Rs 20 crore) in US-based sports technology and wearable devices start-up, WHOOP, to take a minority stake, not exceeding 20 per cent. WHOOP, originally incorporated in December 2011, offers a highly-differentiated performance optimisation and analytics solution that is of strategic importance to Infosys in the professional team sports and connected wellness markets, Infosys said.

http://www.business-standard.com/article/companies/infosys-invests-3-mn-in-whoop-115121400215_1.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *