Orient Technologies acquires Red Hut, invests in Athena and AIT for Rs 77.1 Mn

22 Oct 2025 CW Team

The company has acquired a 100 per cent stake in Bengaluru-based Red Hut Innovation for Rs 57.5 million. Red Hut is known for its managed service provider (MSP) and SD-WAN offerings, and the acquisition aligns with Orient’s strategy to evolve into a fully integrated digital infrastructure company. Additionally, Orient has acquired 46 per cent stakes each in Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd.

Ajay Sawant, Chairman & Managing Director, Orient Technologies, said, “This marks an important step forward in Orient Technologies’ growth journey. The acquisition of Red Hut will enhance our enterprise connectivity capabilities, while investments in Athena and AIT expand our regional reach and strengthen our full-spectrum service offering.”

Athena IT & Telecom Solutions, with a strong presence in South India, brings consulting, integration, and managed service expertise, while AIT Internet Services adds telecom and connectivity strength to Orient’s portfolio. These partnerships are expected to create synergies that enable end-to-end, future-ready solutions across India.

Hari Krishnan, Director of Red Hut, Athena, and AIT, said, “Orient Technologies’ investment reflects strong confidence in our growth potential. With their scale and reach, we will accelerate innovation and deliver greater value to customers.”

With these strategic acquisitions and investments, Orient Technologies has reinforced its integrated digital infrastructure offering, enhancing recurring revenue streams and cross-selling opportunities across its enterprise customer base. Shrihari Bhat, CEO added, “These initiatives align with our long-term vision to integrate cloud, connectivity, security, and managed services, empowering customers in their digital journeys.”

Orient Technologies Limited, a leading provider of digital transformation and IT infrastructure services, has announced the acquisition of Red Hut Innovation Technology Pvt. Ltd. and minority investments in Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd. for a combined value of Rs 77.1 million. The strategic move aims to strengthen Orient Technologies’ position as a next-generation digital technology leader delivering integrated solutions across cloud, connectivity, and cybersecurity. The company has acquired a 100 per cent stake in Bengaluru-based Red Hut Innovation for Rs 57.5 million. Red Hut is known for its managed service provider (MSP) and SD-WAN offerings, and the acquisition aligns with Orient’s strategy to evolve into a fully integrated digital infrastructure company. Additionally, Orient has acquired 46 per cent stakes each in Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd. Ajay Sawant, Chairman & Managing Director, Orient Technologies, said, “This marks an important step forward in Orient Technologies’ growth journey. The acquisition of Red Hut will enhance our enterprise connectivity capabilities, while investments in Athena and AIT expand our regional reach and strengthen our full-spectrum service offering.” Athena IT & Telecom Solutions, with a strong presence in South India, brings consulting, integration, and managed service expertise, while AIT Internet Services adds telecom and connectivity strength to Orient’s portfolio. These partnerships are expected to create synergies that enable end-to-end, future-ready solutions across India. Hari Krishnan, Director of Red Hut, Athena, and AIT, said, “Orient Technologies’ investment reflects strong confidence in our growth potential. With their scale and reach, we will accelerate innovation and deliver greater value to customers.” With these strategic acquisitions and investments, Orient Technologies has reinforced its integrated digital infrastructure offering, enhancing recurring revenue streams and cross-selling opportunities across its enterprise customer base. Shrihari Bhat, CEO added, “These initiatives align with our long-term vision to integrate cloud, connectivity, security, and managed services, empowering customers in their digital journeys.”

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Infrastructure Transport

02 Apr 2026

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Technology

02 Apr 2026

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..