 "Infosys divests investment in ANSR Consulting for $1 mn")
"The company has, on December 28, 2017, signed an agreement for divestment of its entire investment in ANSR Consulting Holdings, Inc, for a total consideration of $1,000,000," Infosys said in a BSE filing.
In July 2015, Infosys had announced acquisition of a minority stake in ANSR Consulting from its $500 million Innovation Fund.
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ANSR Consulting, which has helped establish several GICs within India, creates joint ventures with companies such as those in the Fortune 500.
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