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SIS to acquire minor stake in video analytics firm - Staqu Technologies

21 Apr 2022 , 01:33 AM

SIS has signed Share Subscription Agreement for acquisition of 765Percentage shareholding in Staqu Technologies for cash consideration of Rs 5 crore The transaction is expected to be completed on or before 30 April 2022 Staqu was incorporated on 16 June 2015 in New Delhi India and founded by the cofounders ie Anurag Saini Atul Rai and Pankaj Sharma It is primarily a video and audio analytics and platform company Its product called JARVIS Joint AI Research for Video Instances Streams is an AI tool in video analytics and video management solutions that helps its customers JARVIS works on cloud on the Edge and on both digital analog cameras

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