Infosys, a global leader in next-generation digital services and consulting, said it has divested one-third of its holding in US-based Whoop for about USD 10 million (about Rs 73.5 crore), according to PTI report.
In 2015, Infosys had announced making a USD 3 million investment in US-based wearable device startup Whoop for a minority shareholding in the company.
“The company had made a minority investment of USD 3 million during December 2015 in Whoop Inc, the human performance company headquartered in Boston, USA. …The company would like to inform that it has divested one-third of its holding for about USD 10 million,” Infosys said in an exchange filing.
