Xelpmoc Design & Tech has received approval for investment in Share Capital of Extrapolate Advisors and Rype Fintech in one or more tranches. The total consideration required for acquisition of stake in Extrapolate Advisors is Rs 11.97 lakh and for Rype Fintech is Rs 12.50 lakh. The transactions are expected to be completed by end of October, 2019.
The Board of Directors of the Company at its meeting held on July 10, 2019 has approved the same.
Xelpmoc Design & Tech is a provider of professional and technical consulting services, offering technology services and end-to-end technology solutions and support.