KFin Technologies Limited ("KFintech”), a leading provider of global investor and issuer solutions, today announced its decision to invest and acquire 100% equity stake into WebileApps (India) Private Limited (“WebileApps”), a Hyderabad-based enterprise product development and design company specialising in artificial intelligence, machine learning, mobility solutions, UI / UX, and other products development for banking and financial services industry. Post this investment, WebileApps shall become a wholly owned subsidiary of KFintech. The acquisition will integrate KFintech’s deep domain knowledge with WebileApps’s technical expertise, offering clients with world-class products and platforms with the potential to unlock new revenue streams and markets. KFintech and WebileApps have worked together for six years, ensuring seamless technologyled integration for immediate realization of benefitsfor its clients and the Company. The acquisition offers several advantages, including accelerated product development in SaaS and PaaS models, brings in additional cloud, artificial intelligence (“AI”) and design expertise that will differentiate KFintech and help explore untapped segments and geographies besides adding significant value to its clients. O n the occasion, Sreekanth Nadella, Managing Director and Chief Executive Officer of KFintech , said, “At KFintech, we leverage cutting edge technology solutions to transform the mission critical operations of 5,000+ clients locally […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
