Infibeam inks licensing pact with KSK capital for offering e-commerce solutions

Infibeam Incorporation, through its wholly owned subsidiary i.e. Infibeam Global EMEA FZ-LLC, Dubai has entered into a licensing arrangements and joint venture with Dubai UAE-based KSK capital for offering e-commerce solutions of marketplace and distributed marketplace along with digital marketing under its global platform.

The joint venture company will be held in 49:51 ratio between Infibeam and KSK capital and the same would cater to about 40 countries in MEA (Middle East & Africa) region for offering ecommerce solutions to merchants and consumers.

KSK capital is an investment arm of Ascorp Holdings, a general Investment and Holding company based in Abu Dhabi UAE with $2 billion plus of assets under management, while Infibeam Incorporation is engaged in providing online retail services. It offers e-commerce marketplace and also provides cloud-based, modular, customizable and scalable technology platform, e-commerce infrastructure and logistics support for a diverse universe of merchants, products and services.