Purple Wave Infocom Secures ₹14.94 Cr LOI from Hyundai Motor India

Purple Wave Infocom Limited has signed a Letter of Intent (LOI) with Hyundai Motor India Limited (HMIL) for a long-term engagement involving the supply, installation, testing, and commissioning of its 'SAIPUR' brand Digital Advertising Kiosks (Standees) and Content Management Service (SaaS). The deal, spanning five years, has an indicative total contract value of ₹14.94 Crore. The deployment includes 1500 units across Hyundai's dealership network, phased over three years. This agreement signifies HMIL's confidence in Purple Wave's digital display solutions and is expected to strengthen the company's market position and revenue visibility.