Infibeam Avenues picks up 20% stake in US-based AI company XDuce

Infibeam Avenues acquires 20% stake in XDuce for $10 million to boost international business and support US growth of CCAvenue. Rajesh Kumar, CEO of Phronetic.AI, highlights the integration of PhroneticAI capabilities with XDuce. XDuce offers business application implementations and integration services to a clientele including Bank of America, Morgan Stanley, and Deutsche Bank.
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