Infibeam in talks with US PE fund Bernstein to sell substantial stake
Prior to the investment, Infibeam would look to split the company into two verticals—a fintech payment gateway and a fintech platform—one of these people said. “Both the companies would remain listed. The PE investor could look to invest in the payment gateway vertical.”
Crypto gains currency again as banks ease curbs on purchasesThe change in stance happened after the Reserve Bank of India told banks that they no longer can use the regulator’s 2018 circular prohibiting dealings in virtual currencies, as the direction has been struck down by the Supreme Court, said people in the know.
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