AvenuesAI Limited is consolidating its operations by merging its wholly-owned subsidiary, Nueromind Technologies, into the parent company. This move aims to streamline the group structure and consolidate AI capabilities for greater efficiency. Additionally, the company is increasing its investment in Ratnaafin Capital Private Limited to Rs. 70 Cr, acquiring up...
AvenuesAI is merging its wholly-owned subsidiary, Nueromind Technologies, into the parent company. This move aims to simplify the group structure, consolidate operations, and reduce costs. No new shares will be issued, so shareholder dilution is not expected. The objective is to better integrate AI capabilities and streamline business development.
AvenuesAI Limited is strategically acquiring stakes in two companies: a 7% interest in Online PSB Loans Limited (OPL) for up to ₹65 Cr, aimed at enhancing its digital credit infrastructure, and up to a 2.5% stake in Ratnaafin Capital Private Limited for up to ₹66 Cr, signaling entry into the...
