Avance Tech signs term sheet to acquire stake in Pushpak AI

BSE-listed Avance Technologies has signed a term sheet to acquire 100% of Pushpak AI, a Hyderabad-based Edge AI specialist. This strategic move enters the $2.4 trillion global AI market, leveraging Pushpak’s computer vision expertise used by marquee clients like Maruti Suzuki. The integration aims to drive value through advanced visual analytics and mission-critical intelligence solutions.
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