Suumaya Industries Ltd., a conglomerate group, through its 100% fully-owned subsidiary Suumaya Retail Ltd. has acquired a minority stake in the value retail chain startup Nysaa Retail Private Limited, which operates stores under the brand name 1-India Family Mart. According to a statement, “This investment will enable Suumaya Industries to strengthen its foothold in the…
Tag: Suumaya Industries
Suumaya Industries picks majority stake in payAgri
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•Suumaya Industries Ltd. has acquired majority of 51% stake in payAgri Innovations Pvt. Ltd., a tech-driven Agri & food business company solving the problems of key actors – Farmers, Processors, and Consumers in the Agri value chain for an undisclosed valuation. Ushik Gala, Chairman & Managing Director of Suumaya Industries Limited said, “Suumaya Industries has…