Mobavenue AI Tech Limited (formerly Lucent Industries Limited), an AI-driven technology platform supporting digital growth for businesses, has announced that its Board of Directors has approved a capital raise of approximately ₹100 crore* through a preferential allotment of 9,19,117 equity shares. The proposal, cleared on November 21, 2025, awaits shareholder and regulatory approval.
This infusion marks a significant step in Mobavenue’s long-term strategy. The company will channel the capital toward strengthening its AI-led product suite, advancing research and development, and accelerating expansion across both domestic and international markets. The investment will also support the enhancement of Mobavenue’s proprietary data intelligence stack, reinforcing its technological edge in the rapidly evolving global digital advertising ecosystem.
Aligned with its broader strategic roadmap, Mobavenue plans to assess targeted acquisitions that bolster its integrated marketing and media technology capabilities. These selective, value-driven acquisitions aim to help the company build a comprehensive, future-ready digital ecosystem and advance its ambition of becoming a global AI-tech leader in advertising, media, and consumer growth solutions.
Reflecting on the development, Ishank Joshi, Managing Director & CEO of Mobavenue AI Tech Limited, said the capital raise is a strong endorsement of the company’s vision. He noted that the ~₹100 crore infusion will accelerate Mobavenue’s technology agenda, strengthen its AI-powered product ecosystem, and expand its presence across key global markets while supporting selective strategic acquisitions aligned with its long-term mission.
The development signals robust investor confidence in Mobavenue’s technology-centric business model. As digital advertising continues its shift toward intelligence, automation, and measurable outcomes, the company aims to leverage this capital to drive innovation, scale globally, and solidify its competitive position.
