M&A
Cygnet Infotech acquires majority stake in AI startup Glib.ai
Cygnet Infotech is acquiring a majority stake in fellow Ahmedabad-based Glib.ai, a startup in the artificial intelligence (AI) segment that helps businesses achieve last-mile automation. Cygnet Infotech and Glib clients across BFSI, manufacturing, logistics & supply chain and others will now be able to further leverage the combined digital transformation offerings of the two organisations.
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