StockWatch
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Industrial Products
Deals1 Sept 2026, 12:51 pm

Purple Wave Infocom Signs 5-Year Digital Screens Deal

AI Summary

Purple Wave Infocom Limited has entered into a five-year Digital Screens-as-a-Service (DSaaS) Agreement with Vexto Commercials Pvt. Ltd. The agreement, valued at ₹7.50 Lakh per month (inclusive of GST), will involve the deployment and management of integrated digital display and technology solutions at Neo Square, Gurugram. The scope includes indoor and outdoor LED screens, lift-lobby displays, Hygi Air systems, digital vending kiosks, and cloud-based content management software. This strategic move strengthens Purple Wave's focus on recurring-service and technology-as-a-service business models, providing a stable, long-term revenue stream.

Key Highlights

  • Secured a 5-year DSaaS agreement with Vexto Commercials Pvt. Ltd.
  • Monthly service charges are ₹7.50 Lakh, with a 10% annual escalation.
  • Agreement includes supply, installation, and maintenance of digital displays and tech solutions.
  • Strengthens recurring revenue and service-led business model.
  • Project located at Neo Square, Sector 109, Gurugram, Haryana.