Sula Vineyards Limited — Others, 07-02-2025: Copy of Newspaper Publication

Multiples has acquired a controlling stake in software development company QBurst for approximately $200 million, marking its largest investment in tech services to date. This move aligns with Multiples' strategy to target high-growth opportunities in enterprise technology, with plans to invest nearly $2 billion in this sector over the next five years. QBurst, which specializes in AI-driven digital solutions, is expected to significantly contribute to this vision. The investment reflects a positive outlook on the tech landscape, particularly in the India-US corridor, where the firm aims to bolster its portfolio further.