Infibeam Avenues’ board has approved the acquisition of 100% shareholding of UVIK Technologies from its existing Shareholders. Consequent to acquisition of the entire share capital, UVIK Technologies will become the Wholly Owned Subsidiary of the company. The aggregate cost of acquisition is not exceeding Rs 75 crore.
With this association, the company looks forward to seamlessly integrating its existing online payment solution along with the offline capabilities of UVIK Technologies to empower merchants and their customers, across various geographies, with a simple and complete digital payment solution platform. The completion of the acquisition is subject to customary conditions such as receipt of all regulatory and other approvals, if any
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: