Mumbai, India — Ixuraa globally recognized leader in e-commerce solutions, announced the acquisition of . ambabu.comis a prominent e-commerce development company since the past 10 years.
Ambab was founded by Bhavik Jhaveri and Ankur Joshi, has been run by professional administrators since 2018. This strategic move marks a pivotal moment for both organizations, propelling them toward enhanced growth opportunities and expanded digital capabilities in a dynamic e-commerce environment.
Iksula, on the other hand, was founded in 2007. Chairman Samarjeet Singh and CEO DJ Basumatari has established itself as a trusted partner for retailers, brands and markets around the world. With a relentless focus on innovation and customer-centric solutions, Iksula has consistently delivered superior results for customers around the world.
Commenting on the acquisition, Mr. Samarjeet Singh, Chairman of Iksrasays: “We are delighted to welcome Ambab.com to the Iksula family. This acquisition marks a strategic milestone for our company, allowing us to strengthen our digital capabilities and deliver even greater value to our clients. Leveraging Ambab's track record of delivering cutting-edge technology solutions, we are confident that together we will continue to redefine the standards of excellence in the e-commerce industry.”
Mr. Sanjayan Nair, CEO of Ambab.com“We are excited about this new chapter with Ixra. This move presents a great opportunity for Ambab to leverage additional resources and capabilities to accelerate our growth trajectory and better serve our customers.'' will be opened.”
Under the terms of the acquisition, Ambab.com will operate as a business unit of Ixra, with Sanjayan Nair and the existing management team continuing to spearhead innovation and deliver superior outcomes for clients.
For more information about Iksula and Ambab.com, please see the Iksula and Ambab link.
