Infibeam Incorporatio’s arm inks Term Sheet with CC Avenue – Feedback

NSI Infinium Global, a wholly owned subsidiary of Infibeam Incorporatio has signed a Term Sheet with Avenues [India] (CC Avenue) for investment of up to Rs 45 crore and it is in further discussion for signing of definitive agreement. The percentage of investment will be finalised in the definitive agreement.

Infibeam Incorporation is an e-commerce company which is primarily focused on developing an integrated and synergistic ecommerce business model. The company operates Infibeam Buildabazaar e-commerce marketplace, as well as Infibeam.com an e-retail site.

http://www.finalaya.com/News/Infibeam-Incorporatios-arm-inks-Term-Sheet-with-CC-Avenue-N470861.aspx

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