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The Silent Ecommerce player Infibeam acquires DRC Systems to strengthen its Supply Chain and CRM!

The Silent Ecommerce player Infibeam acquires DRC Systems to strengthen its Supply Chain and CRM!

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One of the leading Ecommerce portal in India which has recently merged with the CC Avenue has signed an MoU with DRC Systems for its acquisition for an undisclosed amount. This is the second move in the recent past of the Ecommerce player Infibeam to keep up pace with the changing dynamics of the Ecommerce trajectory.

DRC Systems is a full fledged IT Services Solutions Company which also has ventured into AI, Robotics and Analytics. Infibeam will get an added advantage over its competitors in Inventory Management, Supply Chain Management, Consumer Relations and Automations with the current acquisition.

Infibeam was founded in the year 2007 and is one of the India’s first E-commerce companies to file an IPO in July 2015. The company is an online retailer for books, electronics, and automobiles and  had more than 66,000 merchants on its e-commerce platform at the end of December 2016. As per the latest filings the company has reported in its 3rd Qtr (Ending in Sept, 2016) a net profit of INR 12.8 Cr with a revenue of INR 102.7 Cr.

3 Comments

3 Comments

  1. Subodh Dhar They play extremely silently yet they are popular over Online Search Medium....They bring best offers and keep a check on their margin carefully

      Reply06 Mar, 2017 8:08 AM

  2. Vijay Rawat I haven't kept know them at all...infact I didn't know that such a player even exists?

      Reply06 Mar, 2017 8:09 AM

  3. Pingback: AdaniWilmar enters ecommerce with Infibeam | The Startup Mojo

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