Interups, Inc. (OTCPK:ITUP) along with the founder members and other affiliate stakeholders of Interups, Inc. agreed to acquire 89% stake in Akasam Consulting Private Limited on August 7, 2020. As part of the acquisition, Interups, Inc. will acquire 49% stake in Akasam Consulting Private Limited and the remaining 40% stake will be acquired by the founder members and other affiliate stakeholders of Interups. Interups will pay INR 500 million for Akasam to secure registration and licensing from the Securities Exchange Board of India for conducting full-fledged Financial Services Activities.