Mobavenue AI Tech rises on commencing operations in Singapore
Mobavenue Ai Tech is currently trading at Rs. 316.55, up by 2.85 points or 0.91% from its previous closing of Rs. 313.70 on the BSE.
The scrip opened at Rs. 322.00 and has touched a high and low of Rs. 322.00 and Rs. 310.60 respectively. So far 40267 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 343.80 on 08-Jul-2026 and a 52 week low of Rs. 196.90 on 21-Nov-2025.
Last one week high and low of the scrip stood at Rs. 340.00 and Rs. 310.35 respectively. The current market cap of the company is Rs. 2446.86 crore.
The promoters holding in the company stood at 65.60%, while Non-Institutions held 34.40% stake in the company.
Mobavenue AI Tech has commenced operations in Singapore, establishing the city-state as its regional hub for Southeast Asia. The expansion marks the next phase of the company's international growth strategy and deepens its presence in one of the world's fastest-growing digital economies. Operations will run through MAITL ASIA, a wholly owned subsidiary of Mobavenue Global Holdings (wholly owned subsidiary of the company). From Singapore, Mobavenue will scale its AI-powered capabilities across programmatic media, audience intelligence, omnichannel customer engagement and consumer growth for brands and agencies across ASEAN.
Southeast Asia's digital economy is projected to reach $1 trillion by 2030, driven by rising internet penetration, mobile-first consumers and accelerating adoption of AI across industries. Singapore sits at the centre of that shift. With a digital advertising market expected to reach $462 million by 2032, a mature innovation ecosystem and direct access to regional decision-makers, the country is the natural gateway for technology businesses expanding across ASEAN.
Mobavenue will operate a platform-led, asset-light model in the region, pairing its proprietary AI technology with local market expertise to deliver scalable, outcome-driven solutions. The approach allows the company to innovate closer to key markets while keeping its expansion capital-efficient. The Singapore hub strengthens Mobavenue's ability to serve clients across ASEAN geographies and takes the company a decisive step closer to a globally integrated, AI-powered AdTech ecosystem.
