Edvenswa Enterprises Ltd Aims to Grow Inorganically and Complete Its First Acquisition in Q1FY24

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Edvenswa Enterprises Limited (formerly known as KLK Electrical Limited, BSE: 517170) is a technology Solutions provider that is focused on building software applications of scale and strategically engineering corporate innovation through rapid prototyping. The company is aiming to take advantage of the current market trend to expand through inorganic growth by making their first acquisition of the year in Q1FY24.

Uppuluri Sreenivasa Sreekanth, the Chairman and Managing Director of the Company, expressed his enthusiasm for their securement of a multi-year project with a Big Four Consulting Firm for Robotic Process Automation (RPA). This tailored solution has the potential to reach up to US$2.0 million in the next six quarters. He expressed his appreciation to their shareholders for their confidence and assurance of commitment to long-term value.

Anil Boenepalli, the CTO of the Company, stated that the company is committed to an RPA practice which includes developing both reusable components and custom agents for applications within the RPA market, catering to both existing customers and potential customers working in various industries.

Edvenswa Enterprises Limited is striving to achieve digital transformation for large and medium enterprises by modernizing existing systems and helping them reach their goals. They take a collaborative engineering approach to bring innovation to commercialization and to reach global digital transformation in the shortest possible time.

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