Iksula Strengthens E-commerce Footprint with Acquisition of Am
2 min readMumbai, India, fifteenth April, 2024: Iksula, a globally acknowledged chief in e–commerce options, in the present day introduced its acquisition of Ambab.com, a distinguished e–commerce improvement firm for the reason that final decade. Ambab was based by Bhavik Jhaveri & Ankur Joshi and since 2018 it has been managed by skilled administration. This strategic transfer indicators a pivotal second for each organizations, propelling them in direction of enhanced development alternatives and expanded digital capabilities within the dynamic e–commerce panorama.
Iksula based in 2007 by Samarjeet Singh (Chairman) and D.J. Basumatari (CEO) has solidified its place as a trusted companion for retailers, manufacturers, and marketplaces worldwide. With a relentless deal with innovation and customer-centric options, Iksula has persistently delivered excellent outcomes for its clientele throughout the globe.
Commenting on the acquisition, Samarjeet Singh, Chairman of Iksula, expressed his sentiments, stating, “We are delighted to welcome Ambab.com into the Iksula household. This acquisition marks a strategic milestone for us, empowering us to reinforce our digital capabilities and supply even larger worth to our shoppers. Leveraging Ambab‘s monitor document of delivering cutting-edge know-how options, we’re assured that collectively, we are going to proceed to redefine the requirements of excellence within the e–commerce trade.”
Sanjayan Nair, CEO of Ambab.com, echoed Singh’s sentiments, saying, “We are thrilled about this new chapter with Iksula. This transfer opens up thrilling alternatives for Ambab to leverage extra sources and capabilities, accelerating our development trajectory and enabling us to raised serve our shoppers.”
Under the acquisition phrases, Ambab.com will function as a Business Unit of Iksula, with Sanjayan Nair and the prevailing management group persevering with to spearhead innovation and ship distinctive outcomes for shoppers.
Mansi Praharaj