GVP Infotech Limited — JV/Acquisition, 10-08-2026: Acquisition

GVP Infotech (GVPTECH) is acquiring a 51% stake in ESAAS Technologies Private Limited for ₹0.20 Cr. This strategic move significantly strengthens GVPTECH's FinTech capabilities by integrating ESAAS's banking and payments infrastructure. ESAAS, a DPIIT-registered company, offers API-first technology for managing funds across diverse payment ecosystems. This acquisition will enable GVPTECH to expand its payment system offerings to clients, solidifying its position in the rapidly evolving financial technology sector. Post-acquisition, ESAAS will operate as a GVPTECH subsidiary.