Infosys invests $1.5 mn in Waterline Data Science through Innovation Fund
The investment has been made through the Infosys Innovation Fund, it said in a regulatory filing.
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Salil Parekh has experience across a wide range of areas
India's second largest software services firm Infosys on Thursday said it has made a follow-on investment of $1.5 million (about Rs 97.7 million) in Waterline Data Science, a provider of data discovery and data governance software.
Infosys had made an initial investment of $4 million in the company in January 2016.
The investment has been made through the Infosys Innovation Fund, it said in a regulatory filing.
The investment is expected to be completed by April 6, 2018, subject to necessary approvals, Infosys added.
Waterline Data Science provides a data inventory and cataloguing solution that helps business analysts and data scientists with data discovery and data governance.
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First Published: Mar 22 2018 | 10:19 PM IST