Praruh Technologies Limited has entered into a partnership agreement with Splunk, which is part of Cisco Systems, Inc. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Splunk is described as an American company founded in 2003 in San Francisco, California, USA, specializing in Cybersecurity, Data Analytics, and Observability. The company's AI-powered platform analyzes data from applications, networks, endpoints, and cloud systems to provide real-time insights into security and performance. Splunk helps security teams detect and investigate threats, while IT operations and engineering teams use its solutions to troubleshoot issues, improve service reliability, and reduce downtime.
The partnership arrangement was entered into in the ordinary course of business and on an arm's length basis. The company specifically states that there is no promoter/promoter group interest in Splunk in relation to this arrangement.