Mobavenue AI Tech Ltd Makes Significant Progress in 2025: Incorporates UK Subsidiary, Acquires Mobavenue Media, Changes Name, Launches AI-Powered Product, and Raises Capital

Mobavenue AI Tech Ltd, formerly known as Lucent Industries Limited, has made substantial progress in its business operations in 2025. The company has incorporated a wholly owned subsidiary in the United Kingdom, completed the acquisition of Mobavenue Media Private Limited, changed its name to reflect its focus on AI-led technology platforms, launched an AI-powered search and contextual advertising platform called OrbitX, and was recognized with the ‘2025 Champions of Scale’ Award by Aerospike. Furthermore, the company has appointed a Strategic Advisor, raised capital through a preferential issue, and introduced an Employee Stock Option Scheme (ESOP) to attract, retain, and motivate key employees. The company's outlook for FY 2026 remains focused on building a technology-first, AI-led ecosystem for advertising, marketing, and consumer growth.