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PB Fintech subsidiary Docprime Tech invests over Rs22cr in Visit Internet Services; Stock soars 4%

Docprime is making this investment to acquire 100% shareholding in VISPL, in one or more tranches.

January 17, 2022 11:04 IST | India Infoline News Service
Docprime Technologies Private Limited, a wholly-owned subsidiary of PB Fintech Limited has invested an amount of over Rs22cr in Visit Internet Services Private Limited (VISPL).

Docprime is making this investment to acquire 100% shareholding in VISPL, in one or more tranches, as a part of its strategic investments. Acquisition of 98.40% stake happened on January 14, 2022, and 100% by early February 2022. VISPL belongs to Software and Tech Services.

At around 11.07 AM, PB Fintech Ltd was trading at Rs981.05 per share up by Rs39.45 or 4.19% from its previous closing of Rs941.60 per share on the BSE.

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