Infibeam Avenues (Infibeam) has executed an agreement with Sintex BAPL (SBAPL).
As per the Agreement, Infibeam will develop, integrate, implement and maintain an online ecommerce and mobile platform with integrated logistics framework. It will cater the on demand customer purchase of Sintex brand Products. As per the Agreement, Infibeam will be remunerated as per the Contractual rates and sales performance. No promoter / promoter group entities have any interest in Sintex Group and the contract does not fall within related party transaction.
The company is engaged in providing online retail services.