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Wipro buys minority stake in US-based startup Kibsi for $1.5 mn
short by Ambarish Awale / on Saturday, 24 December, 2022
Wipro on Friday said that it has bought a minority stake of less than 20% on a fully diluted basis in US-based computer vision startup Kibsi Inc for $1.5 million. In an exchange filing, Wipro said this is a minority strategic investment, and the company wanted a business partnership in the domain of computer vision applications.
read more at CNBC-TV18