Suvidhaa Infaserve Limited, established in 2007, specializes in providing marketplace technology services to small retail outlets, helping them attract more customers by offering additional financial and retail products. The company's services enable these outlets to provide various offerings like insurance, mutual funds, utility payments, and travel ticketing. This model not only increases foot traffic to stores but also enhances the revenue potential for small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs).
In 2021, Suvidhaa expanded its business through a Composite Scheme of Arrangement, acquiring the SME E-Commerce Service Undertaking of Infibeam Avenues Limited and the E-Commerce Business Undertaking of NSI Infinium Global Limited. This strategic move broadened Suvidhaa's market reach, enhancing its service offerings. The company's equity shares were subsequently listed on the BSE and NSE. Moreover, Suvidhaa established a wholly owned subsidiary, Nupi Infotech Limited, in March 2022, further solidifying its footprint in the marketplace technology sector.
