In 2015, Infosys had announced making a $3 million investment in US-based wearable device startup Whoop for a minority shareholding in the company.
Infosys. (Photo: IANS)
Infosys on Friday announced it has divested one-third of its holding in US-based Whoop for about $10 million (about Rs 73.5 crore).
In 2015, Infosys had announced making a $3 million investment in US-based wearable device startup Whoop for a minority shareholding in the company.
“The company had made a minority investment of $3 million during December 2015 in Whoop Inc, the human performance company headquartered in Boston, USA,” Infosys said in a filing on Friday.
Advertisement
“With reference to the said investment, the company would like to inform that it has divested one-third of its holding for about $10 million,” it added.
Advertisement
