Joint Venture8 Jul 2025, 05:51 pm
Linc Ltd. Incorporates Joint Venture Company for E-Commerce Sales
AI Summary
Linc Ltd. has incorporated a joint venture company, 'LINC ON ECOMMERCE PRIVATE LIMITED', in collaboration with Ondesk Ventures Private Limited. The new company, with a subscribed capital of Rs. 1,50,00,000, will be responsible for sales and distribution of Linc’s products in India through E-Commerce / Online Channels. The company holds 65% shares of the joint venture.
Key Highlights
- Linc Ltd. and Ondesk Ventures Private Limited have incorporated a joint venture company, 'LINC ON ECOMMERCE PRIVATE LIMITED'
- The new company will handle sales and distribution of Linc’s products in India through E-Commerce / Online Channels
- LINC holds 65% shares of the joint venture
- The joint venture company has a subscribed capital of Rs. 1,50,00,000
- The company is incorporated under the Joint Venture Agreement between Linc Limited and Ondesk Ventures Private Limited dated 7th May, 2025