This is Infy's first investment from the $500 million innovation fund set up last year.
According to media reports, Infosys has invested $15 million in a start-up, which is a spin-off of the animation major, DreamWorks.
This is Infy's first investment from the $500 million innovation fund set up last year.
The reports added that the new company is yet unnamed. Infy is the first and the only investor in the company.
“They (the spin-off of DreamWorks) have recently brought their amazing animation technology to industries like retail and so on. So we are the only investor in this company,” Sikka said at the Goldman Sachs Technology and Internet Conference held at San Francisco on Tuesday.
We will do things of that nature and we think the information technology needs of the world require a different type of mindset for startups. More and more the innovations that businesses are looking for are going to come from start-up companies,” he added during the Goldman Sachs event.
According to media reports, Infosys has invested $15 million in a start-up, which is a spin-off of the animation major, DreamWorks.
This is Infy's first investment from the $500 million innovation fund set up last year.
The reports added that the new company is yet unnamed. Infy is the first and the only investor in the company.
“They (the spin-off of DreamWorks) have recently brought their amazing animation technology to industries like retail and so on. So we are the only investor in this company,” Sikka said at the Goldman Sachs Technology and Internet Conference held at San Francisco on Tuesday.
We will do things of that nature and we think the information technology needs of the world require a different type of mindset for startups. More and more the innovations that businesses are looking for are going to come from start-up companies,” he added during the Goldman Sachs event.
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