Transaction · Identity / Fraud · 2023

Infibeam Avenues / Sintex Corporate House 2023

Infibeam Projects Management Pvt Ltd acquired Sintex Corporate House on November 2, 2023.

Target
Sintex Corporate House
Acquirer
Infibeam Projects Management Pvt Ltd
Announced
November 2, 2023
Sub-sector
Identity / Fraud

Transaction overview

  • Infibeam Projects Management Pvt Ltd announced the acquisition of Sintex Corporate House on November 2, 2023.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire real estate for AI Hub extension supporting fraud detection and prevention operations within symbiotic AI ecosystem.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 2, 2023
Sub-sector
Identity / Fraud

Frequently asked questions

When did Infibeam Projects Management Pvt Ltd announce the acquisition of Sintex Corporate House?

Infibeam Projects Management Pvt Ltd announced the acquisition of Sintex Corporate House on November 2, 2023.

What sub-sector is Sintex Corporate House in?

Sintex Corporate House is tracked in the Identity / Fraud sub-sector.

Sources

  • bilkulonline.com /2023/11/02/infibeam-avenues-ltd-to-develop-self-sufficient-symbiotic-artificial-intelligence-ai-ecosystem/