Infibeam Avenues Limited completed the acquisition of additional 2.42% stake in Instant Global Paytech Pvt Ltd.

Infibeam Avenues Limited is an India-based financial technology (Fintech) company. The Company offers digital payment solutions and enterprise software platforms to businesses and governments across industry verticals. It offers digital payment solutions under the brand name CCAvenue and enterprise software solutions under the brand name BuildaBazaar. It provides payment options to the merchants allowing them to accept payments through Website and mobile devices in over 27 international currencies. It offers catalog management, real-time price comparison and demand aggregation features. Its digital payments portfolio consists of payment acquiring, payment issuance and domestic, and international remittances. The Company provides its solutions to merchants, enterprises, corporations, governments and financial institutions in both domestic, as well as international markets. The Company offers its solutions across the United Arab Emirates, Saudi Arabia, Oman, and the United States.