Published On:November 30 2024
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ThinkBio.Ai Strengthens Biosciences with Feathersoft Acquisition, Announces ₹200 Crore Investment in Kerala.

ThinkBio.Ai, Inc., a California-based AI-driven platform provider for the biotech, pharmaceutical, and digital healthcare sectors, has acquired Feathersoft InfoSolutions, a Kerala-based software and cloud services company. The acquisition is set to enhance ThinkBio.Ai’s platform-building capabilities and strengthen its ability to deliver advanced solutions to the global biosciences and healthcare industries, according to a company press release.

As part of its expansion strategy, ThinkBio.Ai also revealed plans to invest ₹200 crore in Kerala over the next three years, aiming to generate over 1,000 jobs in the fields of AI and biotechnology.

“This acquisition marks a significant milestone in our mission to transform the biosciences and life sciences sectors through technology,” said Pradeep Palazhi, Founder and CEO of ThinkBio.Ai. “Feathersoft’s technology expertise perfectly complements our AI-driven approach, enabling us to develop and deploy innovative solutions that address critical needs such as the drug discovery process. This move also highlights the growing prominence of Kerala-based companies in the global technology space.”

George Varghese, CEO of Feathersoft, and Sudhish Chandran, Founder and CTO, expressed enthusiasm about the collaboration. “This partnership offers exciting opportunities for our teams to work together and create transformative solutions that will positively impact patients and technology alike,” they said.

The acquisition is expected to foster innovation in the biosciences sector and accelerate the development of cutting-edge healthcare solutions through AI and biotechnology.

HBL





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