Infibeam Avenues’ board has approved the acquisition of 100% Shareholding in Cardpay Technologies. Consequently, Cardpay Technologies will become a Wholly Owned Subsidiary of the company.
The objects of the said acquisition is to capitalize on the significant market opportunity for credit to SMEs and corporates and offer comprehensive payment solutions under company's Digital Card Payments' Issuance business. The Board of Directors of the company in its meeting held on June 5, 2020 has approved the same.
Infibeam Avenues is engaged in providing online retail services.
| Company Name | CMP |
|---|---|
| One97 Communications | 1161.75 |
| AvenuesAI | 15.22 |
| Billionbrains Garage | 198.30 |
| Pine Labs | 193.90 |
| Seshaasai Technologi | 239.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: