WPTG acquires 51% stake in Indian AI pioneer OneBrain and resolves on a directed share issue
White Pearl Technology Group AB (publ) ("WPTG") has today entered into an agreement regarding the acquisition of, and taking possession of, 51% of the shares (the "Shares") in OneBrain ("OneBrain"). The total transaction value is USD 300,000, to be paid in three tranches, with the first tranche of SEK 1,100,000 executed today following successful due diligence.OneBrain is one of India's leading AI technology companies and has developed the proprietary Dynamic Action Model (DAM) technology, which enables intelligent automation of complex business processes. The company expects a revenue