HOV Services Limited — JV/Acquisition, 20-08-2025: Acquisition

HandsOn Global Management (HGM) has acquired 100% equity in Aidéo Technologies LLC for Rs. 14.08 Cr, following Audit Committee's approval. Aidéo is a US-based leader in AI-powered Autonomous Medical Coding Platforms for revenue cycle management (RCM). This acquisition significantly advances HGM's goal of building a comprehensive AI-driven healthcare services platform. Integrating Aidéo's advanced AI and Large Language Models complements HGM's existing capabilities, enabling rapid scaling, improved compliance, and greater value delivery to healthcare providers. Aidéo reported an INR 18.96 Cr turnover for FY24. This strategic move highlights HGM's focus on AI-led automation in critical healthcare workflows.