DUBLIN: Infosys will invest $ 10 million to fund startups in Ireland. The Bengaluru-based firm this year set up a $ 500 million global innovation fund in start-ups that work on disruptive technologies. Infosys is keen to continue sharing its expertise to assist start-ups that are developing and enabling these technologies, it said in a statement.
Infosys will take over 200 people on its rolls from Allied Irish Banks, for an outsourcing contract it won from the Irish financial services group and set up a unit to house them in Dublin. The company will also hire additional local staff as it expands its engagement with Allied Irish.
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Infosys has not disclosed the value or tenure of the deal that involves application development and management, transformation and innovation services.
