Computer Age Management Services has completed the acquisition of 55.42% of the total paid-up share capital in Think Analytics India (TAIPL). Consequently, TAIPL has become a Subsidiary of the company with effect from April 04, 2023. Think Analytics Consultancy Services and Think360 AI, Inc. subsidiaries of TAIPL will become step down subsidiaries of the Company.
Earlier, the company had entered into definitive agreements with the founders of Think Analytics India and with TAIPL to make a strategic investment in TAIPL.
Computer Age Management Services offers integrated services for receipt, verification and processing of financial and non-financial transactions for the BFSI (banking, financial services and insurance) sector, largely the mutual fund industry.
