Indian Finance
August 21, 2024
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Why Did Infosys Exit ANSR at a Loss, Only for Accenture to Bet $170 Million on It?

In 2016, the Bengaluru-based IT services titan, Infosys, made what appeared like an appealing financial investment- putting USD 1.4 million from its then-USD 500 million technology fund right into ANSR Consulting Holding. Nonetheless, just a year later, the company relaxed its investments, including its risk in ANSR, under the leadership of then-CEO Vishal Sikka, marketing […]