AvenuesAI Limited — JV/Acquisition, 29-05-2026: Acquisition
29-05-2026 | 02:45 pm
29-05-2026 | 02:45 pm
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 NBFC space for lending distribution. Additionally, AvenuesAI is acquiring the remaining 9.9% of Nueromind Technologies Private Limited for up to ₹1.25 Cr, making it a wholly owned subsidiary, strengthening its AI capabilities. These moves align with AvenuesAI's strategy to build an AI-first financial infrastructure and transaction intelligence platform.
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