Friday, 24 March, 2023

Automation Anywhere has $100 million to grow

<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="background-color:white"><span style="color:#222222">Automation Anywhere (AA), a SoftBank-backed robotic process automation company, is planning an investment of $100mn over the next five years in India. The company, having India as its second-largest market, will spend the money in developing R&amp;D centers, training people. Besides, they were also planning to develop a partner ecosystem to boost automation. AA has recently raised more than $500 mn, of which $300 mn was alone through SoftBank Vision Fund investment.&nbsp;</span></span><br /> <span style="color:#222222">&nbsp;<br /> <br /> &nbsp;</span></span></span></p>