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SUMMARY
Infibeam Avenues is raising INR 700 Cr via a rights issue to invest in Infibeam Projects, Phronetic and Reddif, and pursue acquisitions in the future
Mehta said that the company’s dedicated AI division, Phronetic AI, is focussing on developing a global marketplace for AI agents
Infibeam will be investing INR 87.7 Cr in Rediff to build a customer-facing digital payments platform
Fintech company Infibeam
Avenues has filed a draft letter of offer to raise INR 700 Cr via a rights issue to invest in its subsidiaries…
