Infibeam Incorporation’s wholly owned subsidiary -- Infibeam Global EMEA FZ-LLC, Dubai has acquired 100% Shareholding of Vavian International, a Company formed and registered in Dubai. The acquisition is expected to be completed in next 2 to 4 weeks.
On completion of aforesaid acquisition, Vavian International will become direct subsidiary of Infibeam Global EMEA FZ-LLC and a step-down subsidiary of Infibeam Incorporation.
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.