KPIT Technologies Limited (NSEI:KPITTECH) agreed to acquire 60% stake in Pathpartner Technology Private Limited for approximately INR 890 million on June 21, 2021. Under the terms of the transaction, 60% stake will be acquired upfront in cash. PathPartner Technology reported a turnover of approximately INR 840 million for the period end on March 31, 2020. The deal is subject to customary closing conditions and is expected to get closed in the second Quarter of financial year 2021-22.