Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
18 January, 2022 14:58 IST
California Software signs MoU to acquire majority stake in Pratsware
Source: IRIS | 08 Dec, 2021, 07.43PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

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).

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
ICICI Bank: Leadership position to strengthen; Tech capabilities to drive sustainable growth - 18-Jan-2022 14:36
UltraTech Cement Q3FY22 Review - Outlook positive; Hold - 18-Jan-2022 14:23
VA Tech Wabag secures order worth USD 100 mn in Dubai - 17-Jan-2022 19:43
Glenmark Pharmaceuticals arm gets tentative approval for Regadenoson Injection - 17-Jan-2022 19:16
HDFC Bank Q3FY22 Review-Credit growth improved; Restructured assets at 1.37% vs 1.5% - 17-Jan-2022 17:25
HCL Technologies Q3FY22 Review- Margins to improve gradually - 17-Jan-2022 17:15
HDFC Bank: Earnings in line; Balance Sheet strengthens further - 17-Jan-2022 16:52
Renaissance Global partners with National Football League - 17-Jan-2022 11:26
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer