Mphasis Acquisition Worth ₹204 Cr
Mphasis Limited, through its subsidiary, is acquiring Canadian AI and data science firm TAP for up to CAD 30 million (approx. ₹204.0 Crore). The acquisition includes an upfront CAD 10 million payment and reinforces Mphasis’ AI-led platform capabilities while expanding its retail and CPG portfolio. The transaction is expected to close immediately.
- Value
- ₹204.0 Cr
- Execution
- Immediate