NSEPress Release1 Jul 2026 · 1 Jul 2026, 10:00 am
Press Release
Avio Smart Market Stack Limited · ASMS
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Avio Smart Market Stack Limited has partnered with StandardWings Technologies Pvt. Ltd. to build AI-powered digital infrastructure for rural India, aiming to transform the country's agricultural and rural ecosystem.
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Avio Smart Market Stack Limited has informed the Exchange regarding a press release dated July 01, 2026, titled "Avio Smart Market Stack and StandardWings Partner to Build AI-Powered Digital Infrastructure for Rural India".
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Date: 01.07.2026
To, To,
BSE Limited, National Stock exchange of India Limited,
Listing Department, P.J. Towers, Dalal Exchange Plaza, C-1, Block G,
Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E)
Scrip Code: 532694 Mumbai – 400 051
Symbol: ASMS
Dear Sir/Madam,
Sub: Intimation regarding Press Release under Regulation 30 of SEBI (LODR)
Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed a copy of the Press Release being issued by the
Company today titled:
“Avio Smart Market Stack and StandardWings Partner to Build AI-Powered Digital
Infrastructure for Rural India”.
A copy of the said Press Release is enclosed herewith as Annexure – I.
You are requested to kindly take the above information on record.
Yours faithfully,
For Avio Smart Market Stack Limited
(Formerly Known as Bartronics India Limited)
Diksha Omer
Company Secretary
ANNEXURE-I
Avio Smart Market Stack and StandardWings Partner to Build AI-
Powered Digital Infrastructure for Rural India
Hyderabad/Nashik, 01st July, 2026: Avio Smart Market Stack Limited (ASMS), a
technology company building a unified digital operating system for rural India, has signed a
Memorandum of Understanding (MoU) with StandardWings Technologies Pvt. Ltd. to jointly
explore the development of next-generation digital platforms aimed at transforming India's
agricultural and rural ecosystem.
The collaboration brings together ASMS' extensive rural network spanning over 5,000
villages and access to nearly 4 crore farmers and rural residents, with StandardWings'
expertise in Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT),
enterprise software, and digital product development.
Under the proposed collaboration, the two companies will explore the development of
scalable digital infrastructure to support sustainable agriculture, climate initiatives, rural
commerce, financial inclusion, and technology-driven farmer services.
The collaboration will focus on a wide range of technology initiatives, including AI-powered
crop advisory systems, yield prediction models, pest detection, weather-based decision
support systems, digital agri-platforms, IoT-enabled precision farming solutions, smart agri-
store technology, digital marketplace integration, supply chain traceability platforms, ESG
assessments, digital Measurement, Reporting and Verification (dMRV) systems for carbon
projects, sensor-based livestock anomaly detection, AI-powered applications, and farmer-
centric digital solutions.
The companies also intend to jointly develop innovative agri-tech solutions, pilot
programmes, and proprietary platforms tailored to India's evolving rural landscape,
supporting the adoption of regenerative farming practices and climate-focused initiatives
through digital technologies.
StandardWings Technologies Pvt. Ltd. has successfully delivered 300+ digital transformation
projects for 150+ clients across agriculture, government, healthcare, logistics,
manufacturing, and enterprise sectors, backed by over a decade of experience. Its
agriculture-focused assignments include digital auditing and traceability solutions for Cotton
Connect, AI-powered reporting and analytics for managing data from over 200,000 farmers,
farmer evaluation and survey platforms, sustainability monitoring, and end-to-end traceability
systems for the wine industry. The company also serves organisations such as the
Maharashtra Government, National Health Mission, and municipal corporations, delivering
AI, IoT, mobile, web, and cloud-based solutions that improve operational efficiency,
transparency, and data-driven decision-making.
Commenting on the collaboration, Dr. Raja Krishna Murthy M, Head – Agri Tech
Business, Avio Smart Market Stack Limited, said: "India's agricultural sector is
undergoing a rapid digital transformation, and technology will play a pivotal role in making
farming more productive, sustainable and resilient. By combining ASMS' deep rural reach
with StandardWings' technology capabilities, we aim to build scalable digital solutions that
empower farmers with better advisory services, improved market access, climate resilience
and data-driven decision-making."
The Memorandum of Understanding reflects the intent of both organisations to explore
collaborative opportunities in rural technology and digital agriculture. Any future projects or
commercial engagements arising from this collaboration will be governed through separate
definitive agreements.
About Avio Smart Market Stack Limited (ASMS)
Avio Smart Market Stack Limited (formerly Bartronics India Limited) is building one of India's largest unified rural operating
systems by integrating financial inclusion, agriculture, rural commerce, climate solutions, and healthcare to empower farmers
and underserved communities digitally. The company has a presence across six countries, is listed on the National Stock
Exchange and Bombay Stock Exchange, and has access to more than 5,000 villages with a network reaching nearly 4 crore
farmers and rural residents.
About StandardWings Technologies Pvt. Ltd.
StandardWings Technologies Pvt. Ltd. is a Nashik-based technology company specialising in Artificial Intelligence (AI),
Machine Learning (ML), Internet of Things (IoT), enterprise software, web and mobile application development, and digital
transformation solutions. Founded in 2014, the company develops end-to-end technology solutions for enterprises across
multiple industries, with a focus on building scalable and innovative digital platforms.