Avance Technologies to Acquire Strategic Stake in Computer Vision AI Platform Pushpak AI

Avance Technologies Limited, a BSE-listed technology solutions provider, has signed a non-binding term sheet to acquire up to 100% equity stake in Pushpak AI, a Hyderabad-based Computer Vision and Edge AI platform. This proposed acquisition would mark Avance Technologies’ entry into the high-growth visual intelligence and edge AI ecosystem, a segment witnessing accelerated adoption across various industries. The acquisition would enable Avance Technologies to exercise full strategic and operational control, allowing deeper integration of Pushpak AI’s intellectual property, platforms and enterprise relationships to drive long-term shareholder value. Pushpak AI has built a diverse and credible enterprise client base, serving leading organisations across automotive, infrastructure, manufacturing, smart city, logistics and financial services sectors.