IIFL AMC buys minority stake in Neewee Analytics

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    • April 16, 2019 at 12:30 pm #31999
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        #News(Startup) [ via IoTForIndiaGroup ]

        IIFL Asset Management Ltd (IIFL AMC) has picked up a significant minority stake in analytics company Neewee Analytics Pvt. Ltd through IIFL India Private Equity Fund.

        The investment round also saw participation from some Canada-based investors. Financial details of the transaction were not disclosed.

        Neewee is a industrial analytics company which focuses on the manufacturing sector and licenses its product under the brand Bodhee.

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