Infibeam’s IPO had a slow start but was later oversubscribed at 1.11 times, and saw a maximum chunk of investment come from Mumbai-based venture capital firm, Next Orbit Ventures. As per ET reports, Next Orbit Ventures invested about INR115 Cr ($17.2 Mn), picking up a stake of 5% in the ecommerce firm. The investment has […]
The post Next Orbit Ventures Pumped In $17.2 Mn In Infibeam’s IPO For A 5% Stake appeared first on Inc42 Magazine.