City Pulse Multiventures Invests ₹4.00 Cr in ERECH TRADE API LLP

City Pulse Multiventures Ltd has approved an investment of ₹4,00,13,065 (Four Crore Thirteen Thousand Sixty Five only) into ERECH TRADE API LLP. This acquisition will result in City Pulse Multiventures Ltd holding a 98% stake in the limited liability partnership, making it a partner. ERECH TRADE API LLP is engaged in the business of E-payment services, including issuing, servicing, and dealing in all kinds of payment products, operating both in India and abroad. The company views this acquisition as a new growth driver, aiming to supplement and complement existing businesses and create value for entities, customers, and shareholders. The transaction is not a related party transaction and has been conducted at arm's length. The acquisition is expected to be completed within 2 months.