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Posts Tagged ‘ Infibeam Incorporation Ltd. ’

Infibeam to acquire ERP solutions firm DRC Systems

Friday, March 3, 2017 | More »

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Infibeam Incorporation Ltd, the parent of online marketplace Infibeam and e-commerce enabler BuildaBazaar, is acquiring Ahmedabad-based DRC Systems Pvt. Ltd through its wholly-owned subsidiary NSI Infinium Global Pvt. Ltd. The two companies have signed a memorandum of understanding (MoU) to this eff...

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What’s firing up Infibeam

India’s e-commerce story is a familiar one—cash burn, negative unit economics and a pipe dream called profitability, all in the name of customer acquisition. But Ahmedabad-based Infibeam Incorporation Ltd, the country’s first online retailer to go public, has scripted a growth story th...

28 February, 2017 | More »

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Infibeam set to merge payment gateway firm CCAvenue with itself

Infibeam Incorporation Ltd has entered into a pact to merge CCAvenue with itself in a deal that is expected to value the payment gateway firm at Rs 2,000 crore ($298 million). The e-commerce company, which already owns 3.85% in Avenues India Pvt. Ltd-run CCAvenue through subsidiary NSI Infinium Glob...

14 February, 2017 | More »

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E-com firm Infibeam lists on stock market with gains

Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, made its stock market debut with gains on Monday, defying naysayers after its initial public offering (IPO) sailed through without bells and whistles last month. The issue, the firs...

4 April, 2016 | More »

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Infibeam prices IPO at the upper end of price band

Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, has priced its shares issued in the initial public offer (IPO) at the upper end of the Rs 360-432 a share band. This is even as the firm had a poor show with its issue managing to s...

30 March, 2016 | More »

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Infibeam IPO sails through without bells and whistles

The initial public offering (IPO) of Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, sailed through in the dying hours of the three-day issue period. It ended with over-subscription of just under 11 per cent at the close of the i...

23 March, 2016 | More »

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Infibeam IPO subscribed 63% on second day

The initial public offering (IPO) of Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, was covered 63 per cent at the end of day two on Tuesday, led by non-institutional investors. Stock-exchange data show that non-institutional in...

22 March, 2016 | More »

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Infibeam IPO subscribed 21% on first day

The initial public offering of Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, was covered just 21 per cent at the end of day one on Monday, stock-exchange data show. Qualified institutional buyers (QIBs) bid for around 22 per ce...

21 March, 2016 | More »

Vishal Mehta

Infibeam eyes up to $340M valuation in IPO

Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, is eyeing a valuation of as much as Rs 2,289 crore ($340 million) in the first public issue of an e-commerce firm in the country. The company has pegged a price band of Rs 360-43...

15 March, 2016 | More »

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Infibeam turns profitable; to open first IPO by an Indian e-com venture on March 21

Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, is to hit the market with its initial public offer (IPO) on March 21. This would make it the first among peers, including those several times bigger, to go public. Indeed, its pr...

14 March, 2016 | More »

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