PB Fintech Ltd invests $2 mn in YKNP Marketing Management

PB Fintech Restricted (“Firm”) has made an funding of ~USD 2 million and purchased 26.72% Shares of YKNP Advertising Administration, a Restricted Legal responsibility Firm (“LLC”) by PB Fintech FZ-LLC, an entirely owned subsidiary of the Firm.

Publish funding, YKNP has turn into an affiliate of PB Fintech FZ-LLC, an entirely owned subsidiary of the Firm and accordingly a associated social gathering. Additional, the corporate is a professionally managed firm with no identifiable Promoter.

With this partnership the corporate will get entry to banks of UAE the place it may possibly begin sourcing buyer leveraging the YKNP settlement and subject drive. YKNP has about majority enterprise by Arabic inhabitants. The corporate will get entry to gross sales workforce which may cater to Arabic clients.

YKNP Advertising Administration is a number one supplier of outsourced gross sales and advertising and marketing companies for corporations within the UAE. The Firm primarily present beneath companies to their shoppers:

(i) Lead Era
(ii) Gross sales Consulting Providers
(iv) Gross sales Outsourcing Providers

Shares of PB Fintech Ltd was final buying and selling in BSE at Rs. 402.80 as in comparison with the earlier shut of Rs. 373.00. The full variety of shares traded through the day was 912275 in over 18220 trades.

The inventory hit an intraday excessive of Rs. 417.95 and intraday low of 375.00. The online turnover through the day was Rs. 365088132.00.

Supply : Fairness Bulls

Key phrases

PBFintech Funding YKNPMarketingManagement PBFintechFZLLC

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