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Coforge completes Encora acquisition; secures $550 million loan, drops QIP plan
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Coforge completes Encora acquisition; secures $550 million loan, drops QIP plan

Home/India Tech/Coforge completes Encora acquisition; secures $550 million loan, drops QIP plan

Coforge has completed the acquisition of Silicon Valley-based AI firm Encora for an enterprise value of $2.5 billion. To fund the transaction, it has secured a three-year loan facility of $550 million at a fixed interest rate of 4.6%.

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๐Ÿ“… Apr 23, 2026ยทโฑ 1 min readยทET Tech โ†—
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https://economictimes.indiatimes.com/tech/information-tech/coforge-completes-encora-acquisition-secures-550-million-loan-drops-qip-plan/articleshow/130466033.cms
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