
Acquisitions2 Jul 2025, 03:35 pm
Veefin Solutions Acquires 26.55% Stake in White Rivers Media Solutions for INR 87 Crores
AI Summary
Veefin Solutions Ltd, through its subsidiary Infini Systems Limited, has acquired 26.55% consisting of 3,932 Equity shares along with majority Board control of White Rivers Media Solutions Private Limited on 2nd July, 2025. The cost of acquisition is INR 87 crores (3,932 equity shares of INR 2,21,270 each). White Rivers Media Solutions Private Limited is primarily involved in the business of Digital Marketing and Advertising Solutions. The last three years' turnover of White Rivers Media Solutions Private Limited is INR 95.14 crores (as on 31.03.2022), INR 97.57 crores (as on 31.03.2023), INR 113.85 crores (as on 31.03.2024), and INR 180 crores (as on 31.03.2025).
Key Highlights
- Veefin Solutions Ltd acquires 26.55% stake in White Rivers Media Solutions Private Limited
- The cost of acquisition is INR 87 crores
- White Rivers Media Solutions Private Limited is primarily involved in Digital Marketing and Advertising Solutions
- Last three years' turnover of White Rivers Media Solutions Private Limited: INR 95.14 crores (as on 31.03.2022), INR 97.57 crores (as on 31.03.2023), INR 113.85 crores (as on 31.03.2024), and INR 180 crores (as on 31.03.2025)