Bartronics India Limited is set to make a strategic investment in Jarvis, an AI and Machine Learning-focused investment advisory firm operating under the brand name ‘Ventugrow.’ This investment will give Bartronics a 3% equity stake in Jarvis, along with an additional 2% in Advisory Board Equity (sweat equity), resulting in a total stake of 5% in the B2B sector. Additionally, Bartronics plans to acquire a controlling 51% stake in a newly formed subsidiary, which will concentrate on the B2C segment.
This move marks a pivotal moment for Bartronics as it seeks to strengthen its position in the rapidly expanding AI-driven financial technology market. By leveraging Jarvis’ expertise in AI and ML, Bartronics aims to enhance its data analysis and decision-making capabilities, ultimately leading to more advanced and efficient services.
“This partnership extends beyond just financial investment,” said Mr N. Vidhya Sagar Reddy, Managing Director of Bartronics India Limited. “It includes strategic elements such as technology sharing, access to the ‘Jarvis’ brand, and RIA license. It also plans to participate in management decisions, including appointing directors to the boards of both companies and influencing key business strategies. This collaboration aligns with its goals of diversification and technological growth, setting the stage for new product development and international expansion of the ‘Jarvis’ brand.”
In the coming months, Bartronics and Jarvis will focus on integrating AI technologies and establishing the new B2C entity. This collaboration is expected to drive product innovation and broaden the global footprint of the ‘Jarvis’ brand.
The proposed acquisition is contingent on successful due diligence and obtaining the necessary regulatory approvals. Bartronics India Ltd. will keep stakeholders informed on the progress of this initiative.
Rajesh Kumar, CEO & Founder of Jarvis, commented on the partnership, stating, “Current users of the ‘Jarvis’ platform will see enhanced app features and improved customer service. This investment is a key step in solidifying it’s leadership in cutting-edge technology solutions.”
Bartronics India Limited is a leading provider of innovative technology solutions with a robust market presence across India. With expertise in consumer and durable goods sales and marketing, it continues to expand its reach and diversify its offerings to meet the evolving needs of its customers.
Ventugrow Consultants Pvt. Ltd., operating under the brand name ‘Jarvis,’ is an AI and Machine Learning-based investment advisory firm. It delivers advanced financial technology solutions to B2B and B2C clients, optimizing investment results through AI-driven strategies.
