Vivanta Industries Ltd, a Ahmedabad-based consultancy offering turnkey project solutions, is considering investing in Trinity Ganesh Pvt Ltd, previously known as Ganesh Corporation. The Board of Directors is set to meet on December 29th to approve the share swap ratio and discuss Trinity Ganesh Pvt Ltd’s investment model, with the company’s goal of transforming operations into next-gen tech businesses.
The company is aiming to transform its operations by focusing on Next-Gen Tech Businesses, including drone, information technology, AI, robotics, and electric vehicle charging stations. It has entered into an MOU with Vivanta Drone Research Centre Tanzania Ltd, acquiring a 50% stake, and plans to establish an assembly line and R&D center.
In April 2023, the company received a $5 million work order from US-based EVOCNA, resulting in a net profit of Rs. 1.30 crore for FY23. The company plans to transform its operations by focusing on next-gen tech businesses, including drone, AI, robotics, and electric vehicle charging stations. It has already begun work on drone and EV businesses and plans to make them big.
