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Huge Group signs deal to acquire stake in super app maker Glovent

Huge Group has announced an agreement to acquire Glovent Solutions Proprietary Limited by way of a subscription for new ordinary shares of Glovent.


Huge Group says the buy will give it an interest in an exciting global growth opportunity operating in fintech, software and xTech.


“The Acquisition gives us an exciting entry into markets and industries that are key investment focus areas of ours,” says Huge Group director and investment committee principal James Herbst.


“For Huge Group, Glovent is a Global Venture. It has global application and global appeal.”


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