Infibeam Avenues Strategic Moves
Infibeam Avenues Strategic Moves
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Infibeam Avenues Soars
Shares up 4% post divesting stake in Fable Fintech, touching 52-week high.
XDuce Acquisition Approved
Title Infibeam to acquire 20% stake in XDuce Corporation, a US-based AI development company.
XDuce Corporation
Founded in 2006, XDuce specializes in innovative AI solutions for businesses.
Founded in 2006, XDuce specializes in innovative AI solutions for businesses.
02XDuce Corporation
Deal subject to approvals, not to exceed $10 million in cash, completion within 90 days.
Acquisition Details
Strategic Investment
Infibeam Avenues secures 20% stake in XDuce, enhancing AI prowess for US market expansion.
Integration of AI
Phronetic capabilities integrated into XDuce’s framework, enhancing intelligence for US market.
03
Focus on Fraud Prevention
Focus on Fraud PreventionEmbedding PhroneticAI Fraud detection and Authentication for financial sector in the US.
Synergistic Collaboration
Infibeam taps XDuce's network, amplifying Phronetic AI Solutions and CCAvenue Payments business.
Revenue Growth
Infibeam taps XDuce's network, amplifying Phronetic AI Solutions and CCAvenue Payments business.
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