The company sees foreign exchange fluctuations as a key factor.
The commission determined that the acquisition did not raise competition concerns, allowing the transaction to proceed.
The purchase of Central Freeway deserves roughly US$ 1.65 billion and is anticipated to nearby mid-2025.
The agreement comes as Innoviz faces cash flow challenges.
Kaushik Mukherjee has over 20 years of experience and has held roles at Flipkart, Ola, Udaan and Yahoo.
Despite this, IndiQube's operating income grew 44% in fiscal 2024, reaching $101.8 million.
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