One Point to acquire majority stake in TECHSCIENT.AI for Rs 26 crore
By Aman Shukla Published on June 7, 2025, 14:03 IST
One Point One Solutions Limited has announced the acquisition of a majority stake in TECHSCIENT.AI Private Limited. The deal was approved by the Board of Directors on June 7, 2025, and involves the execution of a Securities Subscription and Purchase Agreement (SSPA) between the two companies and the shareholders of TECHSCIENT.AI. The acquisition will be completed in one or more tranches, subject to conditions outlined in the agreement.
TECHSCIENT.AI, incorporated in September 2024, is an Indian company based in Bangalore. It operates in the artificial intelligence software sector, focusing on no-code automation and intelligent workflow orchestration. The company's platform combines generative AI, machine learning, and no-code development tools to simplify the automation of business processes. Its solutions are designed for domestic and international markets.
The acquisition is not classified as a related-party transaction, and none of One Point One's promoter groups have any interest in TECHSCIENT.AI. The total consideration for the deal stands at ₹26 crore, including ₹15 crore for acquiring equity shares and ₹11 crore for subscribing to compulsorily convertible preference shares. On completion, One Point One will hold a 60.05% stake in TECHSCIENT.AI on a fully diluted basis.
This strategic move is intended to support One Point One's long-term digital transformation strategy. While TECHSCIENT.AI operates in a different domain from the company's core business process management services, the acquisition is expected to enhance its capabilities in delivering AI-powered digital solutions and improve operational efficiency. The transaction is anticipated to close by September 30, 2025.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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