Corporate News     28-Dec-23
Adani Enterprises forges tech JV with UAE based Sirius
Adani Enterprises (AEL), through its wholly owned subsidiary, Adani Global (Adani) and Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), UAE have entered an agreement to create a new joint venture named Sirius Digitech International (“Sirius JV”), an entity based in Abu Dhabi. Sirius JV will be owned 51% by Sirius and 49% by Adani.

Sirius JV will capitalize on global digital transformation expertise of Sirius and Adani's strategic insights to focus on leading the $175 Bn opportunity in digitalization of the Indian economy. This digital opportunity is rapidly evolving to becoming a $1 Tn market by 2030. Sirius JV will deploy an integrated ecosystem of digital platforms by leveraging the expanding power of artificial intelligence (AI), Internet of Things (IoT) and Secured Blockchain Products across infrastructure industries and extending to areas that include FinTech, HealthTech and GreenTech.

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