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Quess Corp increases stake in Taskmo

26 Oct 2021 Evaluate

Quess Corp has increased its stake in Stellarslog Technovation (Taskmo) from 33.33% to 36.58% by investing around Rs 80 lakh. Post this transaction, Taskmo continues to remain an associate of Quess Corp. This Investment will strengthen Quess’ presence in the digital gig economy and enable it to serve the demand for flexible gig workers from existing and new clients.

Earlier, the Board of Directors at its meeting held on January 27, 2021 had approved to subscribe upto 49% equity shares in Taskmo.

Quess Corp is India’s leading business service provider.

Peers
Company Name CMP
SIS 403.50
Quess Corp 334.60
TeamLease Services 1124.60
Bluspring Enterprise 172.70
BLS Internatl. Serv. 227.25
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