Intellect Design Arena Limited has informed the Exchange regarding a press release dated April 16, 2026, titled "OnCost, Kuwait Transforms retail operation by adopting eMACH.ai Retail 6DX platform across its Strategic Branches".
INTELLECT · price
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Intellect Design Arena announced that OnCost, Kuwait's leading FMCG retailer, has deployed its eMACH.ai Retail 6DX platform across all branches. The deployment transforms OnCost's operations from legacy monolithic systems to a cloud-native, microservices architecture. The platform provides omnichannel integration, real-time inventory management, AI-powered loyalty programs, and rapid scalability. OnCost is known as Kuwait's first wholesaler open to individual consumers. The deal represents Intellect's expansion into the retail technology space beyond its traditional financial services focus. No financial terms or contract value were disclosed.
Positive signal for Intellect as it demonstrates capability to win new clients and expand its product portfolio into adjacent verticals like retail. However, without contract value disclosure, investors cannot assess the material impact on revenue.