M&A
Supply chain financier Veefin acquires banking s’ware maker EpikIndifi for Rs.125-Cr
Listed, Mumbai-headquartered supply chain finance and digital lending services provider Veefin Solutions has acquired Chennai-based, banking-focused software solutions company EpikIndifi in a INR 125 crore cash and equity swap deal.Founded in 2017 by a team of bankers, technologists and entrepreneurs, EpikIndifi is a scale-up stage niche software solutions company specialising in banking solutions covering all aspects of a bank’s digital transformation and journey.In June, Veefin had acquired Regime Tax Solutions, a GST compliance and automation platform for accounts payable and receivable. In August, it acquired 100% of Nityo Tech, an IT services and solutions company, part of Nityo Infotech Singapore's India-invested business.
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