AvenuesAI Limited has informed the Exchange about Acquisitions
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AvenuesAI Limited's Board approved three strategic acquisitions/investments: (1) 7% stake in Online PSB Loans Limited, (2) up to 2.5% stake in Ratnaafin Capital Private Limited, and (3) remaining 9.9% stake in Nueromind Technologies Private Limited, making it a wholly-owned subsidiary. The company also reported FY2026 standalone revenue of Rs 75,847 million and consolidated revenue of Rs 81,159 million. Consolidated net profit attributable to owners was Rs 2,790.4 million with EPS of Rs 0.94. The company changed its name from Infibeam Avenues Limited to AvenuesAI Limited in January 2026 following shareholder approval.
The acquisitions strengthen AvenuesAI's portfolio, particularly gaining full ownership of AI-focused subsidiary Nueromind. The investment in Online PSB Loans Limited and Ratnaafin Capital indicates expansion into the lending/financial services ecosystem. Financial results show solid growth with revenue more than doubling year-on-year on consolidated basis.