{"id":122748,"date":"2024-04-19T14:09:32","date_gmt":"2024-04-19T08:39:32","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=122748"},"modified":"2024-04-19T14:13:26","modified_gmt":"2024-04-19T08:43:26","slug":"ai-stock-jumps-after-board-approves-67-stake-purchase-in-arya-ai","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ai-stock-jumps-after-board-approves-67-stake-purchase-in-arya-ai\/","title":{"rendered":"AI Stock jumps after board approves 67% stake purchase in Arya.ai"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3211156236\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger stock engaged in the business of providing business solutions in the fields of Transaction Banking Platforms, Customer Experience, Smart City, and many more hit a 5 percent upper circuit following the acquisition of a majority stake in Arya.ai.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1994592335\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 6,048 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/AURIONPRO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Aurionpro Solutions Limited<\/a><\/strong> hit a 5 percent upper circuit in the day\u2019s trade at Rs. 2,437.45.\u00a0<\/p><p>Aurionpro Solutions Limited\u2019s board of directors has approved the strategic acquisition of a majority stake of 67 percent in the Mumbai-based Banking and Insurance PaaS startup, Arya.ai.&nbsp;<\/p><p>By integrating Arya.ai\u2019s cutting-edge AI cloud platform, with Aurionpro&#8217;s comprehensive suite of offerings, the company intends to create an industry-leading Enterprise AI platform sharply focused on creating value for financial institutions globally.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3761203239\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and tailored industry solutions, to complement and strengthen Aurionpro\u2019s existing industry-leading portfolio as 100+ Banks and Insurers across Asia trust Arya.ai Enterprise AI solutions.&nbsp;<\/p><p>The transaction comprises the acquisition of shares held by the existing shareholders and the subscription of new equity capital in the company. This will be an all-cash deal and the aggregate investment including secondary acquisition and fund infusion is approximately Rs. 135.20 Crores&nbsp;<\/p><p>Aurionpro Solutions Limited is a global technology solutions company engaged in the business of providing business solutions in the fields of Transaction Banking Platforms, Customer Experience, Smart City, Smart Transportation experience, and Cybersecurity solutions&nbsp;<\/p><p>Its revenue from operations grew by 37.5 percent from Rs. 168 Crores in Q3FY23 to Rs. 231 Crores in Q4FY24, accompanied by profits of Rs. 26 Crores to Rs. 38 Crores.&nbsp;<\/p><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-562717469\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3904839820\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article 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[&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":118766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[10248,10247,948,936,3153,3157,2597],"class_list":["post-122748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-aurionpro-solutions-latest-news","tag-aurionpro-solutions-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AI Stock jumps after board approves 67% stake purchase in Arya.ai<\/title>\n<meta name=\"description\" content=\"Multibagger stock engaged in the business of providing 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