Other Private Equity/Strategic Investments
Mitsubishi Electric India to acquire stake in data analytics player Gervigreind
Tokyo, Japan-based electrical and electronic products manufacturer Mitsubishi Electric Corporation, via its subsidiary, Mitsubishi Electric India Pvt Ltd., is to acquire a stake in Pune-based software startup Gervigreind Data Science Pvt Ltd. (doing business as Itanta Analytics ) to jointly develop and market no-code data analysis and report generation applications.This partnership aims to enhance Mitsubishi Electric’s factory automation (FA) digital solutions and support the digital transformation of manufacturing sites.
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