Infibeam Avenues Ltd, a listed AI-powered fintech company, announced investment of USD 10 million for the acquisition of a 20% strategic stake in XDuce, a renowned enterprise Application and AI development company based in the United States. With headquarters in New Jersey USA, XDuce has a team of over 150 software developers in the US…
Infibeam Avenues Ltd, a listed AI-powered-fintech company, announced the appointment of Rajesh Kumar SA as the Chief Executive Officer (CEO) of Phronetic.AI, a major move set to redefine the trajectory of the company’s artificial intelligence business. In his capacity as CEO, Rajesh Kumar SA will assume a crucial role architecting and spearheading the blueprint for…
Infibeam Avenues Ltd, a listed fintech company, announces its strategic foray into the capital markets and digital lending software market by acquiring a significant 49% equity stake in Pirimid Fintech, investing Rs 25 crore to solidify this strategic partnership. This move is in direct response to the surging demand in the thriving global capital markets…
Fintech company Infibeam Avenues Limited has appointed Sunil Bhagat as its new Chief Financial Officer, with effect from March 19, 2022. He succeeds Hiren Padhya, who has resigned from the role of Chief Financial Officer, effective March 18, 2022. As per the company’s exchange filing, “we hereby inform you that the Board of Directors of…
Infibeam Avenues Ltd, a Gujarat-based digital payments and e-commerce company that provides a comprehensive suite of web services spanning digital payment solutions, data centre infrastructure and software platforms, announced the acquisition of Cardpay Technologies Pvt. Ltd, a corporate credit card issuing firm, according to a VCCircle report. The company said that the acquisition will help…