Lucent Industries informs shareholders that Mobavenue Media Private Limited, whose 100% equity shares the company is acquiring, has been recognized as a "Champion of Scale" at the Aerospike APJ Summit.

Mobavenue was selected among 11 winners from over 50 nominees, standing alongside prominent technology leaders.

This prestigious recognition underscores Mobavenue's capability to drive innovation and deliver impact at scale, further validating its strategic growth potential and the value of Lucent Industries' acquisition.