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Yudiz Solutions acquires majority stake in ABCM App to enter fintech sector

Sep 12, 2024

Acquiring Company

Yudiz Solutions

Acquired Company

ABCM App Pvt. Ltd

AhmedabadMumbaiInformation TechnologyFinancial ServicesArtificial IntelligenceBlockchainCryptocurrencyFinancial ServicesFintechBlockchain

Description

Yudiz Solutions Limited has acquired a 51.01% stake in ABCM App Pvt. Ltd., a fintech firm specializing in digital payment solutions. This strategic expansion marks Yudiz’s entry into the rapidly growing fintech sector, positioning it as a key player at the intersection of fintech, gaming, blockchain, and AI. The acquisition aims to enhance Yudiz’s service offerings by leveraging its expertise in blockchain and artificial intelligence to revolutionize financial services, driving growth in India’s dynamic fintech ecosystem.

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Company Information

Company

Yudiz Solutions

Location

Ahmedabad, Gujarat, India

About

Yudiz Solutions Limited is a leading IT services and product-based company that has expanded its service offerings into the rapidly growing fintech sector. With expertise in blockchain and artificial intelligence, Yudiz aims to revolutionize financial services and drive growth in India’s dynamic fintech ecosystem.

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Frequently asked

Who acquired ABCM App Pvt. Ltd?

ABCM App Pvt. Ltd was acquired by Yudiz Solutions, based in Ahmedabad. The deal was reported on September 12, 2024. Yudiz Solutions Limited is a leading IT services and product-based company that has expanded its service offerings into the rapidly growing fintech sector. Yudiz Solutions is privately held and operates in Information Technology.

When did Yudiz Solutions acquire ABCM App Pvt. Ltd?

Yudiz Solutions's acquisition of ABCM App Pvt. Ltd was reported on September 12, 2024. Yudiz Solutions Limited has acquired a 51.01% stake in ABCM App Pvt. Ltd., a fintech firm specializing in digital payment solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ABCM App Pvt. Ltd do?

ABCM APP is a fin-tech startup specialising in design and development of Financial Software and Mobile Applications. ABCMAPP Private Limited is headquartered in Mumbai, India. It is privately held, operating in Financial Services, and is based in Mumbai.

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