India's Infibeam acquires Dubai payments firm for â¹8 crore
Ahmedabad-based e-commerce conglomerate Infibeam has acquired a 100% stake in Dubai-based digital payments firm Vavian International for around â¹8 crore. The acquisition will be completed in the next 2-4 weeks, Infibeam said in a statement. After the deal, Vavian International will become a direct subsidiary of Infibeam Global which is a subsidiary of Infibeam Incorporation.