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Infibeam Avenues gets nod to make investment of up to Rs 25.10 crore in Pirimid

14 Dec 2023 Evaluate

Infibeam Avenues has received approval to make an investment of up to Rs 25.10 crore in Pirimid Technologies. Post investment, Pirimid would become an Associate Company. Pirimid serves a diverse clientele, catering to both global and domestic market with key focus on financial services customers. The company offers a range of services in software development, particularly focusing on Capital Markets and Digital Lending. They are known for their topclass engineering capabilities, utilizing the latest technologies to build fintech products, tools, services, or workflows tailored to specific client requirements. The Board of Directors of the company at its Meeting held on December 14, 2023 has inter-alia considered and approved the same. 

Infibeam Avenues is engaged in providing online retail services.

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