![]() Spacenet Enterprises India Ltd (NSE: SPCENET) is a global fintech enterprise listed on the National Stock Exchange, dedicated to transforming trade and trade finance.įocused on empowering traders, SMEs, MSMEs, and trade channels, Spacenet bridges the trade finance gap and actively supports fintech ventures, contributing to the evolution of traditional finance. The strategic acquisition of String Metaverse Limited positions Spacenet for sustained success, aligning with its commitment to innovation, diversification, and strategic positioning within high-growth sectors.Īs esports continues its ascent as a global phenomenon, Spacenet anticipates a future marked by ongoing success and growth. The board has also approved its investments in five. Ganesh Meenavalli, Director and Head of Global Esports Operations at String Metaverse Limited, predicts a robust future for the esports community, anticipating that more than 20 million Gen Z participants from India will lead the global esports scenario, potentially surpassing the popularity of traditional sports like cricket within the next decade. Spacenet Enterprises India Ltd, a global fintech enterprise, has announced its intention to raise 100 Crores through Preferential Issue. The Nifty Pharma index was trading 0.53 per cent up at. Prakash Dasigi, Executive Director of Spacenet Enterprises India Limited, expressed confidence in the strategic investments, stating, "After a successful stake acquisition in BillMart, a bill discounting fintech platform based in Mumbai, our second venture into String Metaverse Limited reaffirms our confidence that both investments will yield exceptional returns, potentially ranging from 50-100x for our shareholders over the next 3-5 years." Spacenet Ent shares closed at 24.95 on Novem(NSE) and has given 56.43 returns over the last 6 months and 0.81 over the last 12 months. The Nifty Pharma index was trading 0.38 per cent down at 12731.8. ![]() ![]() This financial success reflects Spacenet's dedication to delivering value to its shareholders and stakeholders.
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