<ul><li>Infibeam Avenues plans to raise INR 700 Cr through a rights issue to invest in subsidiaries, AI arm, and pursue future acquisitions.</li><li>The rights issue, when completed, will be one of the largest fundraises for Infibeam. It aims to strengthen its capital base for growth.</li><li>Proceeds will be used to advance technology development, expand AI capabilities, invest in digital payments, repay loans, and make acquisitions.</li><li>Infibeam aims to bolster its AI arm, expand digital payments, and pursue acquisitions with the proceeds, focusing on future growth and development.</li></ul>

Infibeam To Use Proceeds Of INR 700 Cr Rights Issue To Bolster AI Play

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