HCLTech arm to buy Robotiq.ai for ₹98 crore
In short
An HCLTech arm is set to acquire Croatia-based Robotiq.ai for ₹98 crore. The deal would give HCLTech’s software division full ownership of the Zagreb-based automation company.
This matters because Robotiq.ai works with big banks, insurers and telecom firms. The reporting does not say when the purchase will close or if approvals are still needed.
What the reporting says
An HCLTech arm is set to acquire Croatia-based RPA platform Robotiq.ai for ₹98 crore, according to the report. The transaction would give the software division full ownership of the Zagreb-based automation company, which serves large banks, insurers and telecom firms. The reporting does not state when the deal will close or whether any approvals are still pending.
Why it matters
HCLTech’s software division is reported to be acquiring Robotiq.ai, a Zagreb-based RPA platform, for ₹98 crore. The deal would give full ownership of the automation company, which serves large banks, insurers and telecom firms. The reporting suggests HCLTech is expanding its automation capabilities, but it does not state the closing date, funding structure or any regulatory conditions.