Inc42 posted that Niyo signed a definitive agreement to acquire RemitX, Capital India Finance’s forex and cross-border payments business, for ₹11.4 Cr. The report states the deal adds 32 branches across 16 states, 2,500 distribution partners and over 200 employees. A linked source headline on the same post lists the price as ₹114 Cr. The post presents the transaction as an expansion of Niyo’s branch network and payments footprint.