Computer Age Management Services Limited (BSE:543232) agreed to acquire an unknown stake in Fintuple Technologies Private Limited on March 7, 2022. Consideration is paid in cash. Computer Age Management will make a strategic investment in Fintuple by way of a primary and secondary acquisition amounting to 51% of the total paid-up share capital in the form of equity shares.

Fintuple Technologies Private Limited reported revenue of approximately INR 1.9 million. The transaction is expected to complete by March 31, 2022.