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Infibeam enters into agreement to invest in Instant Global Paytech

04 Dec 2018 Evaluate

Infibeam Avenues (Infibeam) has entered into an agreement for investment in Instant Global Paytech. The company aim to make strategic investment to enable access of digital payment platform for unbanked and underbanked individuals with deeper penetration of digital payment capabilities. The cost of acquisition is Rs 6 crore.

Infibeam is engaged in providing online retail services.

Peers
Company Name CMP
One97 Communications 1785.00
AvenuesAI 134.25
Billionbrains Garage 223.65
Moneyview 58.25
Pine Labs 161.65
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