Partnership24 Jul 2024, 12:10 am
Infosys to Invest €5.0 Million in UVC Partners, a Leading German Venture Capital Fund
AI Summary
Infosys Ltd. has agreed to invest €5.0 million in UVC Partners, a venture capital fund based in Germany. This investment will be made through Infosys Germany GmbH, a step-down wholly-owned subsidiary of Infosys Limited. The investment is aimed at co-creating next-generation solutions and leveraging the power of AI and Deep Tech to help Infosys' clients navigate their business transformation. UVC Partners focuses on investing in European B2B tech startups that strive to solve global challenges through technology and innovation.
Key Highlights
- Infosys to invest €5.0 million in UVC Partners, a leading German venture capital firm
- Investment to be made through Infosys Germany GmbH, a step-down wholly-owned subsidiary of Infosys Limited
- Co-creation of next-generation solutions with a focus on AI and Deep Tech
- UVC Partners focuses on investing in European B2B tech startups addressing global challenges
- Germany is a strategic market for Infosys, and this investment signifies its commitment to the region