Starlineps Enterprises Ltd to invest in Convergence IT Services Pvt Ltd

The Management of STARLINEPS ENTERPRISES LIMITED has decided to make a strategic investment of INR 1.51 Million in CONVERGENCE IT SERVICES PRIVATE LIMITED, valuing the Company upto INR 360 Million. This investment secures a non-controlling equity stake of the Company in CONVERGENCE IT SERVICES PRIVATE LIMITED.

Convergence IT Services Private Limited (uKnowva) is an AI-enabled HR Tech platform for companies, offering a full-stack solution for all HR needs, from hiring through retirement! A Company (i.e. uKnowva) demonstrates strong product market fit with offers an extremely customizable, cost effective, configurable & creative solution, making it a scalable and globally competitive HR solution with an amazing social intranet that understands the different needs of 300,000+ active users over 450 clients across four countries - India, KSA, Egypt, and the UK!

Source : Equity Bulls

Keywords

StarlinepsEnterprises StrategicInvestment ConvergenceITServices