Wipro Infrastructure Engineering acquires Pune-based firm- Linecraft.ai

The industrial automation business of Wipro Infrastructure Engineering, a Wipro Enterprises entity, on Thursday announced it is acquiring Linecraft.ai, a Pune-based AI-enabled company, for an undisclosed sum.

Linecraft.ai harnesses the power of both automation domain expertise and artificial intelligence (AI) and machine learning (ML) to empower manufacturers to get more productivity and quality improving operational efficiency on a real time basis.

AZB & Partners advised Dr. Ranjit Date and Ms. Saya Date (“Promoters”), Shivanand Shankar Mankekar, Kedar Shivanand Mankekar, Laxmi Shivanand Mankekar and Shivanand Shankar Mankekar HUF (collectively “Mankekar Family”) and Mrs. Aparna Kale in the acquisition. The AZB & Partners team comprised of Partners Anand Shah and Siddharth Paranjpe.

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