StockWatch
·
Speciality Retail
Investment1 Aug 2026, 06:11 pm

City Pulse Multiventures Invests ₹4 Cr in ERECH TRADE API LLP

AI Summary

City Pulse Multiventures Ltd has approved an investment of ₹4,00,13,065 into ERECH TRADE API LLP, a firm specializing in E-payment services. Following this investment, City Pulse Multiventures will hold a 98% stake in ERECH TRADE API LLP. The acquisition is aimed at introducing a new growth driver domestically and globally, complementing existing businesses and creating value for stakeholders. ERECH TRADE API LLP was incorporated in 2022 and operates in the E-payment services sector.

Key Highlights

  • City Pulse Multiventures invests ₹4.00 Cr in ERECH TRADE API LLP.
  • The company will acquire a 98% stake in the E-payment services firm.
  • This investment aims to add a new domestic and global growth driver.
  • The transaction is considered an arm's length deal.
  • ERECH TRADE API LLP was incorporated in 2022.