India, July 27 -- On Monday, NewGenIvf Group Limited (NIVF) announced an agreement to acquire an additional 3 per cent equity interest in K25.ai, an AI-native livestreaming and information market platform, for $250 million, bringing the company's aggregate ownership to 13 per cent.
As part of the deal, the company expects to issue approximately 2.5 million Class A ordinary shares.
The decision to buy an additional stake comes as K25.ai has recently entered community beta and is seeing early engagement from users and creators.
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"By increasing our investment, we are deepening our participation at an important stage of K25.ai's development while also streng...