Infibeam Avenues has terminated a definitive share purchase agreement (SPA) which was entered amongst Unicommerce eSolutions (Unicommerce), Jasper Infotech (Jasper) and the Promoters (as defined in the SPA), to acquire 100% of equity shares of Unicommerce, as the conditions precedent were not fulfilled within the stipulated time period.
Infibeam Avenues is engaged in providing online retail services.