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Avance Technologies has entered into an agreement to acquire 100 percent stake in Hyderabad-based Pushpak AI. With this acquisition, Avance will gain entry into high-growth segments such as Visual Intelligence and Edge AI.
Through this deal, Avance Technologies will obtain complete strategic and managerial control over Pushpak AI, according to company sources. Pushpak AI has an established client base across multiple sectors including automotive, infrastructure, manufacturing, smart cities, logistics and financial services.
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