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

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…