According to the share purchase contract recorded by the company, 3i InfoTech has declared that it has raised its share in 4 of its subordinates.
The company has obtained 25% extra stake in Taxsmile.com India to raise its holding in the firm to 51%. Likewise, it has also obtained 49% share each in Aok In-house BPO Services and Aok In-house Factoring Services, correspondingly. Both these firms have now become entirely-owned subordinates of the company with this acquisition.
The company has also increased its share in FinEng Solution to 60% by obtaining extra 9% stake. 3i InfoTech is a worldwide IT firm that offers technology solutions to more than 1500 clients in over 50 nations all over 5 continents, across an array of verticals. The company offers software, operations outsourcing (BPO) solutions and IT services for an assortment of industry verticals comprising capital markets, mutual funds & asset management, insurance, banking, wealth management, government, retail and manufacturing.