Business News
Home > Business News
FarEye acqui-hires logistics tech start-up PY Technology
TIWN
TIWN
PHOTO : TIWN
New Delhi, March 5 (TIWN) Logistics management startup FarEye on Friday said that it has acqui-hired logistics technology startup PY Technology in a bid to scale customer implementation as well as incubate new ideas.
The startup, earlier known as PRTouch, was founded by Jignesh Vasani in 2012. He will be joining FarEye as VP, professional services.
Acqui-hiring is the process of acquiring a company primarily to recruit its employees, rather than to gain control of its products or services.
Vasani is an entrepreneur and a leader with over 20 years of experience in building blocks aiming towards solving real-life problems. He has a proven track record of growing business across industries including logistics, education, IT, and finance. He has hands-on experience in building new-age technology products such as Deep learning, machine learning, and blockchain.
Add your Comment
Comments (0)
More Business News
- With April series having expired, expect markets to turn volatile
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report