Paisalo Digital Signs Memorandum of Understanding with Chakrawiu for AI and Technology Services
Paisalo Digital Limited has entered into a Memorandum of Understanding (MOU) with Chakrawiu Gannlalen Company Limited, focused on providing advanced technology services and AI support to Chakrawiu in connection with its digital services business.The partnership agreement outlines a comprehensive scope of work where Paisalo will lend its technological expertise to Chakrawiu. These services include software and digital platform development, data processing, technology consulting, system integration, process automation, technology infrastructure management, technical support, training, and related technology solutions. A key component of the engagement involves Paisalo sharing its AI-related learnings and expertise with Chakrawiu to aid in developing and implementing relevant technology solutions.
The engagement is projected to contribute significantly to Paisalo’s revenue stream. Based on the current scope of services defined under the MOU, the collaboration is expected to generate other income ranging from ₹4 crore to ₹5 crore per annum for Paisalo Digital Limited.
PAISALO Stock Price Movement
As of 1:49 PM, shares of Paisalo Digital Limited are slipping by 1.27% in live trading, currently hovering at ₹69.05 as the equity sheds value. The stock has experienced significant intraday volatility, with the day's low reaching ₹68.95 against a high posted earlier today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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