NBFC Homeshree to acquire ₹200 crore stake in Webyne Data Centre

NBFC Homeshree to acquire ₹200 crore stake in Webyne Data Centre

One of the top Indian NBFC (Non-Banking Financial Companies), Homeshree announced that it has made a decision to acquire a stake of 200 crore in Webyne Data Centre, a global cloud infrastructure and hosting provider based in India. This strategic partnership with Homeshree will allow Webyne to further allocate capital to expand its product and technology portfolio along with further investment in its infrastructure. In addition to this, the company will also be able to establish an international footprint.

Webyne is well-positioned in a sector that has had significant and robust development in recent years, owing to structural trends and market dynamics such as SME digitization, migration to cloud-based infrastructure, and the growing popularity of community-based gaming. The…


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