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California Software to acquire majority stake of botbaba's owner Pratsware Technologies; Stock ends at 5% upper circuit

This acquisition will make Calsoft a global leadership in the sphere of e commerce and Point of Sale (PoS) solutions.

December 08, 2021 4:41 IST | India Infoline News Service
California Software signs a Memorandum of Understanding (MoU) to acquire a majority stake in Pratsware Technologies Pvt Ltd (Pratsware) which owns botbaba.

botbaba is the most advanced and powerful WhatsApp Chatbot Platform available in the market.

This acquisition will make Calsoft a global leadership in the sphere of e commerce and Point of Sale (PoS) solutions.

This acquisition will make Pratsware as Calsoft’s subsidiary.

Calsoft will support Pratsware with a complete Software Solutions platform, analytics, predictive analytics,
blockchain technology, payments technology and its global market reach across the world.

On Sensex, Calsoft closed at the upper circuit of Rs33.50  per piece up by 4.85%. 

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