Blackstone to invest up to $130m in logistics paytech PayCargo
The funds will be used for international expansion and M&A.
The funds will be used for international expansion and M&A.
The deal is expected to close by the end of Q1 2022.
The investment takes the company’s total valuation to $6.5 billion.
Blackstone intends to build Mphasis into a $10 billion-valued company.
Will be a standalone company. And should lead to shorter headlines.
Gets data business, risk and compliance solutions and wealth management software.