{"id":99435,"date":"2025-01-08T00:00:00","date_gmt":"2025-01-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/devsinc-acquires-dubai-based-e-commerce-saas-firm-alchemative-group\/"},"modified":"2025-01-08T00:00:00","modified_gmt":"2025-01-08T00:00:00","slug":"devsinc-acquires-dubai-based-e-commerce-saas-firm-alchemative-group","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/01\/08\/devsinc-acquires-dubai-based-e-commerce-saas-firm-alchemative-group\/","title":{"rendered":"Devsinc acquires Dubai-based e-commerce SaaS firm Alchemative Group"},"content":{"rendered":"

Pakistani IT company <\/strong>Devsinc<\/a><\/strong> acquired Dubai-based e-commerce <\/strong>software-as-a-solution (SaaS) developer <\/strong>Alchemative Group<\/a><\/strong> as part of a global push, marking its entry into the Middle East, according to a statement<\/a>. The acquisition also includes transferring the ownership of Alchemative\u2019s payment gateway UnumPay \u2014 which already has a market share of 24% in Pakistan \u2014 to Devsinc, according to a press release<\/a>. The value of the transaction was not disclosed.<\/p>\n

Devsinc plans to scale UnumpPay and offer its digital solutions in the GCC<\/strong>, including tailored products for e-commerce platforms and cloud-based and AI-driven solutions. The acquisition will also help provide enhanced services to its existing customers in North America. <\/p>\n

About the companies:<\/strong> Devsinc offers IT-enabled solutions to businesses across 10 industries and over 23 countries, including staff augmentation and ERP integrations for the healthcare, banking, fintech, hospitality, and retail sectors. Alchemative has over 800 clients and operates across 15 countries, and currently processes some 20 mn orders a month, the statement said. <\/p>\n","protected":false},"excerpt":{"rendered":"

The Pakistani firm will gain control over Alchemative\u2019s payment solution UnumPay<\/p>\n","protected":false},"author":1,"featured_media":99436,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[659,7,79,2218,1344,60],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-e-commerce","tag-enterpriseam-uae","tag-fintech","tag-it","tag-ma","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"b8edb556-a5bf-4400-aee9-4d0868c7750a","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/302.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Devsinc acquires Dubai-based e-commerce SaaS firm Alchemative Group","related_issue":[99423],"teaser":"The Pakistani firm will gain control over Alchemative\u2019s payment solution UnumPay","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.3c4258c6-e135-4bfa-a26e-d5a69ad10089.mp3"},"yoast_head":"\nDevsinc acquires Dubai-based e-commerce SaaS firm Alchemative Group - 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