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Infibeam enters into agreement to invest in Instant Global Paytech

Infibeam Avenues (Infibeam) has entered into an agreement for investment in Instant Global Paytech. The company aim to make strategic investment to enable access of digital payment platform for unbanked and underbanked individuals with deeper penetration of digital payment capabilities. The cost of acquisition is Rs 6 crore.

Infibeam is engaged in providing online retail services.

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