White Pearl Technology Group signs LOI to acquire 51% of Indian AI-company - OneBrain
White Pearl Technology Group (WPTG) signed a Letter of Intent today to acquire 51% of the Indian AI company OneBrain in a cash and share agreement. The transaction is dependent on due diligence, which will now commence, with both parties hoping to finalize the agreement within the next month. The business is expected to produce revenue of over 4M SEK in 2024 and was pre-revenue until 2023.OneBrain has a team of twelve engineers and developers working on software that will improve productivity and efficiency in any digital work environment while reducing the use of manpower. OneBrain’s