Silverline Technologies Receives Letter of Intent from UAE-Based Trueledger Technologies FZE for Potential Strategic Investment
Trueledger Technologies FZE’s preliminary interest in exploring a potential strategic investment of up to a 20% stake in Silverline Technologies
Thane (Maharashtra) [India], February 21: Silverline Technologies Ltd (BSE – 500389) a global technology consulting, software and digital transformation solutions provider has received a non-binding Letter of Intent (LOI) from Trueledger Technologies FZE, a UAE-based technology research and holding company, expressing interest in exploring a potential strategic investment of up to 20% stake in the Company.
Highlights:-Company has on boarded 4,000 plus registered Users in a week for recently launched ‘SilverAI’; Annual revenue potential estimates at Rs. 430-450 crore
Silver AI Platform estimates reaching 5 lakh registered users in 45 days. To re...