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Infibeam to acquire Snapdeal's Unicommerce

Ahmedabad-based Infibeam Incorporation recently stated that it will acquire Snapdeal’s subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up to Rs120 crore. According to the company under the agreement,Infibeam will issue optionally convertible debentures on preferential basis to Jasper Infotech valued up to...

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