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Coforge-Encora $2.3 bn deal; Zepto IPO papers likely this week

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IT services company Coforge is acquiring US-based Encora in a multi-billion-dollar deal. This and more in today’s ETtech Top 5.

Also in the letter:
■ Scan QRs to repay loans
■ Late-stage capital stays elusive
■ Early backers make bank


Coforge to acquire US-based Encora in $2.35 billion deal

Indian IT services provider Coforge, formerly NIIT Technologies, is planning to build its AI muscle by acquiring US-based Encora in a multibillion dollar deal.

Deal details:

  • Coforge is offering $2.35 billion to Coforge to acquire US-based Encora in $2.35 billion…

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