Diginex Plans Acquisition of Kindred OS to Enter Edge AI Market

Diginex Limited has announced a non-binding memorandum of understanding to acquire Kindred OS. This move marks Diginex's entry into the Edge AI technology market. The acquisition aims to bolster Diginex’s capabilities in AI, data privacy, ESG, and regulatory compliance technology.

With the AI sector largely focused on cloud-based solutions, Diginex is targeting Edge AI for its privacy benefits. Edge AI empowers local data analysis, crucial for regulated sectors like finance and healthcare. This technology aligns with Diginex's strategy of promoting privacy, efficiency, and trust.

The integration of Kindred's H1 Edge AI platform aims to enhance compliance automation, offering real-time data insights while minimizing risks and costs. The Edge AI market is projected to grow significantly, and this acquisition positions Diginex to capture emerging opportunities.