Mobavenue AI Tech Share Price Surges 5% as Board Approves ₹100 Crore Fundraise

Mobavenue AI Tech’s share price jumped 5% to ₹1,094.8 on the BSE after the company announced that its board had approved raising ₹100 crore through a preferential issue of 9,19,117 equity shares. By 12:10 PM, the stock was still locked at the 5% upper circuit. Meanwhile, the Sensex traded almost flat.

Purpose of the Fundraise

The company plans to use the fresh capital to support strategic acquisitions, enhance its technology capabilities, and expand into new markets. The funds will help Mobavenue strengthen its AI and data intelligence offerings, upgrade its product platforms, and improve operational readiness for global growth.

Plans for Strategic Acquisitions

Mobavenue also said it will explore selective acquisitions that align with its vision of building a complete digital marketing and media technology ecosystem. These targeted investments aim to boost the company’s competitiveness and accelerate its transformation into a global leader in AI-driven advertising and consumer growth solutions.

Management’s Statement

Managing Director & CEO Ishank Joshi said the ₹100 crore fundraise is a strong vote of confidence in Mobavenue’s long-term strategy. He said the capital will help the company expand globally, strengthen its AI-led platforms, and pursue strategic acquisitions that enhance its capabilities.

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About Mobavenue AI Tech

Mobavenue AI Tech is a digital technology company focused on AI-powered advertising, marketing tech, data intelligence, and consumer media solutions. Its innovation framework, called A3—Awareness, Acquisition, and Activation, helps brands improve performance, engage customers better, and achieve sustainable growth through data-driven strategies.

Conclusion

Mobavenue AI Tech’s sharp rise reflects strong investor confidence in its expansion plans and AI-driven growth vision. With fresh capital and a clear strategic roadmap, the company is aiming for faster innovation and a stronger global footprint.

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