Investment18 Jun 2025, 09:51 pm
Equippp Social Impact Technologies Invests INR 1,25,00,000 in Technogen India for 51% Stake, Incorporates EQUIPPP TECHNOGEN (SBU) Private Limited
AI Summary
Equippp Social Impact Technologies Limited has informed the exchange about the incorporation of a subsidiary company, EQUIPPP TECHNOGEN (SBU) Private Limited, following the investment of INR 1,25,00,000 in Technogen India Private Limited for a 51% equity stake. The new subsidiary will focus on building the IT business vertical in-house and catering to the rapidly expanding Global Capability Centres (GCCs) in India.
Key Highlights
- Equippp Social Impact Technologies Limited invests INR 1,25,00,000 in Technogen India Private Limited.
- Acquired a 51% equity stake in Technogen India Private Limited.
- Incorporated a subsidiary company, EQUIPPP TECHNOGEN (SBU) Private Limited.
- Focus on building the IT business vertical in-house.
- Strategic Business Unit (SBU) primarily focused on the growing Global Capability Centres (GCCs) in India.