Wipro acquires insurtech firm Aggne in $66 million deal:

Wipro acquires insurtech firm Aggne in $66 million deal:

Daily Current Affairs   /   Wipro acquires insurtech firm Aggne in $66 million deal:

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Category : Business and economics Published on: February 16 2024

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  • Wipro enters IP based insurance technology solution sector by acquiring Aggne Global and its affiliate in a $66 million deal.
  • US-based Aggne Global offers digital solutions to insurers in the property and casualty (P&C) insurance space.
  • Wipro will acquire 60% of the stake in all-cash deals and with an option to acquire the remaining stake over the period, it said.
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