MoneyWorks4Me

Infibeam Incorporation’s WoS invests into Avenues (India)

22 Jun 2016 Evaluate

Infibeam Incorporation’s wholly owned subsidiary (WoS) --NSI Infinium Global-- has signed term sheet and made proposed investment of Rs 45 crore into Avenues (India) (CC Avenues) pending definitive agreement. In this regard, NSI Infinium Global definitive agreement has been executed for investment of Rs 60 crore with Avenues (India) on June 22, 2016.

Infibeam Incorporation is engaged in providing online retail services. It offers e-commerce marketplace and also provides cloud-based, modular, customizable and scalable technology platform, e-commerce infrastructure and logistics support for a diverse universe of merchants, products and services. 

Peers
Company Name CMP
One97 Communications 1695.00
AvenuesAI 13.81
Billionbrains Garage 200.70
Moneyview 59.70
Pine Labs 165.10
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