Equippp Social Impact Technologies Limited — Updates, 02-06-2025: Press Release

EQUIPPP has announced a board meeting to approve acquiring a 51% stake in media-tech firm SMAAX with a ₹15 crore investment, valuing SMAAX at ₹150 crore post-deal. This partnership aims to leverage SMAAX’s IP assets like SIIMA and Celebrity Cricket League to expand social impact initiatives in entertainment, sports, and rural economies through a Phygital model. The deal enhances EQUIPPP’s presence in scalable social impact ecosystems, focusing on community-run cinemas and rural sports leagues to boost local entrepreneurship and innovative revenue streams.