MoneyWorks4Me

CTE to raise Rs 12 crore from Worldwide Technology Investments

14 Nov 2019 Evaluate

Cambridge Technology Enterprises (CTE) has received approval for raising of funds up to Rs 12 crore by issuing 33,60,000 Convertible Share Warrants on preferential basis to Worldwide Technology Investments, Singapore. The Board of Directors of the Company at its meeting held on November 13, 2019 has approved the same.

CTE is a leading global technology company transforming organizations into ‘AI-first’ leaders. The company is enabling its customers to create AI solutions that transform their businesses; by helping solve the world's complex and most interesting business challenges with AI.

Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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