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Infibeam to invest up to $6.7 mn in CCAvenue

Monday, May 30, 2016 | More »

E-commerce firm Infibeam Incorporation Ltd said on Monday it will invest up to Rs 45 crore ($6.7 million) in the company that operates the payment gateway CCAvenue. Infibeam’s wholly owned subsidiary NSI Infinium Global Pvt. Ltd has signed a term sheet with Avenues (India) Pvt Ltd for the investme...