Infosys divested its one-third holding in Whoop for $10 mn

Infosys on Friday said, “It has divested one-third of its holding in US-based startup Whoop for about $10 million.”

In a filing with the stock exchange, Infosys said, “The company had made a minority investment of $3 million during December 2015 in Whoop Inc, the human performance company headquartered in Boston, USA.”

“The company would like to inform, that it has divested one-third of its holding for about $10 million,” the filing added.