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Infibeam Avenues gets nod to make further investment in Instant Global Paytech

06 Feb 2023 Evaluate

Infibeam Avenues has received an approval for making further investment in the Subsidiary Company i.e. Instant Global Paytech. Objects of acquisition is to grow the existing assisted commerce business of Go Payments as well get into the offline merchant acquiring business by promoting the physical distribution of the CC Avenue Merchant App, point of Sale devices and Tap pay product. The Board of Directors of the company at its meeting held on February 6, 2023 has considered and approved the same.

Infibeam Avenues is engaged in providing online retail services.

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