California Software Company has signed a Memorandum of Understanding (MoU) to acquire a majority stake in Pratsware Technologies (Pratsware) which owns botbaba, which is WhatsApp Chatbot Platform, the most advanced and powerful WhatsApp Chatbot Platform available in the market.
This acquisition will make Calsoft a global leadership in the sphere of e commerce and Point of Sale (PoS) solutions. This acquisition will make Pratsware as Calsoft’s subsidiary.
Calsoft will support Pratsware with a complete Software Solutions platform, analytics, predictive analytics, blockchain technology, payments technology and its global market reach across the world.
Shares of the company gained Rs 1.55, or 4.85%, to settle at Rs 33.50. The total volume of shares traded was 1,597 at the BSE (Wednesday).
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