{"id":1196,"date":"2018-12-19T22:29:35","date_gmt":"2018-12-19T16:59:35","guid":{"rendered":"http:\/\/www.bazaarindicator.com\/news\/?p=1196"},"modified":"2018-12-19T22:30:18","modified_gmt":"2018-12-19T17:00:18","slug":"infibeam-avenues-rises","status":"publish","type":"post","link":"http:\/\/www.bazaarindicator.com\/news\/infibeam-avenues-rises\/","title":{"rendered":"Infibeam Avenues Rises Around 4% on Alliance with Suvidhaa Infoserve"},"content":{"rendered":"<p style=\"text-align: justify;\">The shares of Infibeam Avenues hiked 3.6% on Tuesday on a financial alliance with Suvidhaa Infoserve. Moreover, Suvidhaa infoserve, Suvidhaa Infoserve will acquire around 5% stake at INR 25 Crore and while the value of Infibeam.com is INR 500 crore.<\/p>\n<p style=\"text-align: justify;\">\u201cThrough the scheme of amalgamation, Infibeam Avenues would divest a subsidiary to Suvidhaa Infoserve,\u201d Infibeam said. Shapoorji Mistry is a good investor &amp; also owns a stake in Suvidhaa.<\/p>\n<p style=\"text-align: justify;\">Suvidhaa Infoserve firm distributes personal loan, investment in mutual funds, business loan and banking services like account opening &amp; deposits, prepaid cards, etc.<\/p>\n<p style=\"text-align: justify;\">\u201cBoth companies are strategically planning to build an omnichannel marketplace where Infibeam will be connected to the Suvidhaa\u2019s vast networks of around 91,000 outlets under 4500+ pin codes,\u201d the company said.<\/p>\n<p>At 04:00 PM, December 18, 2018, the share price was quoting INR 49.05 or up INR 0.30 or 0.62%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shares of Infibeam Avenues hiked 3.6% on Tuesday on a financial alliance with Suvidhaa Infoserve. Moreover, Suvidhaa infoserve, Suvidhaa&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Infibeam Avenues Rises Around 4% on Alliance with Suvidhaa Infoserve<\/title>\n<meta name=\"description\" content=\"The shares of Infibeam Avenues hiked 3.6% on Tuesday on a financial alliance with Suvidhaa Infoserve.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.bazaarindicator.com\/news\/infibeam-avenues-rises\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infibeam Avenues Rises Around 4% on 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