Shopmatic acquires 50.1% stake in Octopus
- With the merger deal, Shopmatic plans to offer PoS services to its existing customers across verticals
- Octopus offers cloud-based retail management software, and omni-channel sales and customer engagement solutions, to SMEs
Bengaluru: E-commerce enabler Shopmatic Pte. Ltd has picked up a controlling stake in retail point-of-sale device provider Octopus, a top company executive said.
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