ICICI Securities Primary Dealership has bought 1 lakh shares of e-commerce firm Infibeam Incorporation for over Rs 11 crore through open market transactions on July 13, 2017. The ICICI group firm has purchased 1 lakh shares or 0.18 percent stake in the Ahmedabad-based e-commerce company at an average price of Rs 1,107.5. The shares were sold by private equity player Next Orbit Ventures Fund.
Infibeam Incorporation is an e-commerce company, provides a cloud-based technology platform, and e-commerce infrastructure and logistics support for various merchants, products, and services in India.
