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Infosys taps M&A head Deepak Padaki to lead its troubled innovation fundPadaki is an old Infosys hand and will focus on investments that will have a close relationship to Infosys’ digital services strategy.- Infosys CEO Salil Parekh would look to unwind more of Vishal Sikka's investmentsThe company had acquired application automation programme Panaya and retail ecommerce product Skava for $200 million and $120 million each.
- Infosys writes down nearly $15m startup investmentThe Bengaluru-headquartered company has spent about $45m from $500 million investment fund
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