Niyogin Fintech Limited (BSE:538772) agreed to acquire SuperScan Platform of Orbo.ai from Modaviti eMarketing Private Limited for INR 160 million on May 15, 2024. The consideration consists of INR 80 million of upfront cash payment and INR 80 million in either cash or stock payable as per certain performance targets. Dushyant Kumar, Arjun Sinha, Siddhartha Tandon, Vaivaswatha Yagani and Kapil Vats of AP & Partners acted as legal and due diligence provider to Niyogin Fintech Limited on the transaction.
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- Niyogin Fintech Limited agreed to acquire SuperScan Platform of Orbo.ai from Modaviti eMarketing Private Limited for INR 160 million