AVIO Smart Market Stack Ltd

Avio Smart Market Stack (ASMS) (formerly known as Bartronics India) has received a purchase order from Indian Overseas Bank for the implementation of Corporate Business Correspondent (CBC) services under the Bank's Financial Inclusion Technology initiative. The order has been awarded pursuant to ASMS' participation in the Bank's RFP process and covers engagement, deployment, and management of Business Correspondent Agents (BCAs), along with cash handling and field-level service delivery. The contract is valid for an initial period of three years, with provision for extension based on performance and at the discretion of the Bank. Under the mandate, ASMS will undertake end-to-end responsibility for onboarding, training, and monitoring of BCAs, along with ensuring compliance driven and secure delivery of banking services across rural and semi-urban locations. The deployment will be supported by technology infrastructure including micro-ATMs, biometric authentication devices, and integration with the Bank's financial inclusion systems. Powered by Capital Market - Live

Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has entered into a strategic MOU with Aquasafra Holdings, Inc. (AHI) and Waterfield Farms, Inc. (WFI), USA, to explore the development of technology-driven aquaculture and fisheries ecosystems. Headquartered in the United States, Aquasafra has developed specialized capabilities in high-performance tilapia genetics, including hybrid seed stock designed for faster growth cycles, higher survival rates, and resilience across diverse farming conditions. Its operating model integrates broodstock development, feed optimization, farm design, and production systems, along with technical advisory and training enabling scalable, commercially viable aquaculture deployments across regions. This collaboration brings together ASMS's rural distribution infrastructure and digital ecosystem spanning over 5,000 villages and a connected base of millions of rural participants with Aquasafra's US-based aquaculture expertise, spanning advanced fish genetics, hatchery systems, and integrated aquaculture and aquaponics solutions, backed by over three decades of industry experience. As part of this initiative, the companies will explore the establishment of regionally adapted hatcheries for high-performance tilapia seed production, deployment of modern aquaculture systems, and integration of aquaponics-based models for climate-resilient agriculture. The collaboration will also evaluate feed optimization partnerships, lake and reservoir stocking programs, and structured capacity-building initiatives for farmers, cooperatives, and agri-entrepreneurs.Powered by Capital Market - Live

 Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has entered into a strategic partnership with Kissan Agri Mall to accelerate the deployment of a technology-driven agri-retail and supply chain ecosystem under Project AVIO Agritech. The partnership brings together ASMS's deep rural distribution network, digital infrastructure, and financial inclusion capabilities with Kissan Agri Mall's strong on-ground presence in agri-input retail and farmer engagement. Together, the companies aim to build a scalable 'phygital' platform integrating agri-input distribution, advisory services, output market linkages, and post-harvest infrastructure. ASMS has established a significant presence across 5000 villages in India through its financial inclusion network, and, under Project AVIO Agritech, the company is expanding into agriculture, sustainability, and rural commerce by partnering with domain experts across the ecosystem. Under this collaboration, both companies will explore opportunities across the agricultural value chain, including technology-enabled farmer onboarding and engagement, expansion of agri-input retail and advisory services, development of structured output linkages and export facilitation, strengthening of supply chain and warehousing infrastructure, integration of financial inclusion and embedded agri-financing solutions, private label development, franchise-led expansion into new geographies, and the advancement of climate-smart agriculture and sustainability initiatives. This partnership is expected to enhance last-mile agri-retail penetration, improve supply chain efficiencies, and enable more structured market access for farmers across multiple regions. The MoU establishes a framework for collaboration and does not create binding obligations between the parties. Specific initiatives arising from the partnership will be implemented through subsequent definitive agreements. Powered by Capital Market - Live

Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has entered into a (MoU) with Agrosperity Tech Solutions, the company behind the KiVi (Kisan Vikas) platform, to explore collaborative initiatives aimed at strengthening India's agricultural ecosystem through digital technology, financing, and supply-chain integration. The collaboration forms part of Project AVIO Agritech, ASMS's initiative to develop an integrated agri-services ecosystem by leveraging the company's extensive rural outreach and financial inclusion infrastructure. Through this MoU, the two companies will explore collaboration across multiple areas of the agricultural value chain. The partnership will focus on leveraging ASMS's rural network to generate farmer leads for agricultural credit solutions, while also supporting agri-commodity supply chain financing for buyers and suppliers. In addition, the collaboration will seek to expand distribution channels for agricultural inputs and explore opportunities in commodity warehousing and post-harvest infrastructure. The companies will also evaluate initiatives related to climate and sustainability, including the development of carbon sequestration solutions for the agriculture sector. The partnership aims to combine ASMS's rural outreach and ecosystem access with Agrosperity's digital and commerce capabilities to develop scalable solutions for farmers, agri-entrepreneurs, and rural enterprises. The MoU with Agrosperity forms part of the broader ecosystem being built under Project AVIO Agritech, through which ASMS has been working with multiple domain partners across environmental solutions, and sustainable agriculture to develop new programs for the rural economy. Powered by Capital Market - Live

Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has initiated an expanded collaboration with Huwel Lifesciences to introduce a range of patented molecular diagnostic products across multiple healthcare segments in India. The development follows the recently signed Shareholders' Agreement between the two companies, under which they aim to jointly scale advanced diagnostic technologies and bring them to institutional and healthcare markets across the country. Huwel Lifesciences has developed multiple patented diagnostic technologies and is building a strong pipeline of new products, with several additional patents and platforms currently under development. The company's capabilities span RT-PCR diagnostic kits, point-of-care molecular testing devices, and disease detection panels. Research, assay development, and manufacturing are carried out within Huwel's own facilities. Positioning itself as a fully indigenous diagnostics innovator, Huwel is among the few molecular diagnostics companies in India with the capability to design, develop, and manufacture most components of its diagnostic platforms in-house, aligning with the Government of India's 'Make in India' initiative. Powered by Capital Market - Live

Avio Smart Market Stack (ASMS) (formerly known as Bartronics India) has signed a Share Subscription cum Shareholders' Agreement with Hyderabad-based Huwel Lifesciences pursuant to and in furtherance of the MoU signed between the parties in September 2025. Under the agreement, Avio Smart Market Stack will acquire a minority stake in Huwel and collaborate on business development and project execution. Under this structure, ASMS is contractually entitled to receive a defined share of the net project revenues arising from orders secured and executed through its institutional engagement and business development efforts. Huwel Lifesciences' tuberculosis diagnostic platform has recently undergone a Health Technology Assessment (HTA) conducted by the Department of Health Research under the Ministry of Health & Family Welfare, Government of India. The assessment evaluated molecular tuberculosis diagnostic platforms deployed nationwide. As per its findings, Huwel's Quantiplus' MTB FAST platform enables testing at an approximate cost of Rs 340 per sample, whereas molecular testing systems currently used in government programmes typically range between Rs 700 and Rs 1,000 per test. A key differentiator for the Quantiplus platform is its compatibility with open RT-PCR systems. This enables the Government to leverage the thousands of RT-PCR machines installed across India during the COVID-19 response, facilitating rapid deployment of the platform without the need for proprietary hardware or significant additional capital expenditure.Powered by Capital Market - Live

Bartronics India announced the appointment of Dr. Raja Krishna Murthy M as Head - Agri Tech Business, strengthening its leadership as the company scales its agri-tech and climate-led growth initiatives. The appointment aligns with Bartronics' strategic focus on Project Avio Agritech, its integrated agri-tech platform designed to create new, scalable revenue streams across agricommerce, sustainable agriculture, digital advisory, and high-integrity carbon and climate solutions, while leveraging the company's extensive rural reach. Powered by Capital Market - Live

Net profit of Bartronics India reported to Rs 2.45 crore in the quarter ended December 2025 as against net loss of Rs 0.33 crore during the previous quarter ended December 2024. Sales rose 454.99% to Rs 48.34 crore in the quarter ended December 2025 as against Rs 8.71 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales48.348.71 455 OPM %5.38-4.36 - PBDT2.75-0.32 LP PBT2.69-0.33 LP NP2.45-0.33 LP Powered by Capital Market - Live

The company reported pre-tax profit of Rs 2.68 crore during the quarter, compared with pre-tax loss of Rs 0.32 crore posted in corresponding quarter last year. Total expenses surged 403.85% to Rs 45.80 crore in Q3 FY26, compared with Rs 9.09 crore in Q3 FY25. Operating expenses stood at Rs 43.37 crore (up 539.68% YoY) and employee benefit expenses stood at Rs 1.67 crore (up 16.78% YoY) during the period under review. Bartronics India (BIL), is a financial inclusion and rural fintech infrastructure company focused on strengthening access to digital and assisted banking across rural and semi-urban India. Through its Corporate Business Correspondent network and technology-enabled operating model, Bartronics supports public sector banks and Regional Rural Banks in delivering secure, scalable, and socially impactful financial services.Powered by Capital Market - Live

Bartronics India will hold a meeting of the Board of Directors of the Company on 2 February 2026.Powered by Capital Market - Live