"The transaction is at a total consideration of upto Rs 56 crore. The acquisition is subject to regulatory approvals and other customary closing conditions. The parties expect to close the transaction during the first quarter of 2018," the statement said.
Pragmatix is a data analytics company focused on Banking, Financial Services & Insurance (BFSI) vertical.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)