Diginex Limited announced a non‑binding memorandum of understanding to acquire Kindred OS, an Alabama‑based Edge Artificial Intelligence company, on November 6 2025. The memorandum does not disclose a purchase price or closing date, and the parties have not yet committed to a definitive transaction.
The acquisition is intended to embed Kindred OS’s H1 Edge AI platform—an architecture that lets AI models run locally, securely, and independently of the cloud—into Diginex’s ESG compliance platform. By adding privacy‑first, energy‑efficient AI, Diginex aims to give regulated sectors such as finance, healthcare and public services the ability to keep sensitive data on premises while still benefiting from advanced analytics. Miles Pelham, Founder and Executive Chairman, said the move “aligns with Diginex’s mission to make compliance transparent, efficient, and responsible.”
The Edge AI market is projected to grow from $20.78 billion in 2024 to $66.47 billion by 2030, a 21.7% compound annual growth rate. Diginex’s strategy to acquire Kindred OS positions it to capture a share of this expanding market by extending its diginexESG platform with local‑AI capabilities that address data sovereignty and regulatory compliance needs.
Diginex’s recent financial performance provides context for the acquisition. For the fiscal year ending March 31 2025, revenue rose 57% to $2.0 million, while the company posted a net loss of $5.2 million. Despite the loss, the balance sheet improved from net liabilities to net assets, and the company’s valuation multiples remain above industry averages, indicating a potential overvaluation but also a willingness to invest in growth initiatives.
Kindred OS is still an early‑stage company; its H1 Edge AI platform targets predictive learning, healthcare, and industrial automation. The fact‑check report does not provide employee count or detailed operational metrics, but the platform’s ability to run AI models locally distinguishes it from cloud‑centric competitors such as NVIDIA and Intel. Diginex acknowledges integration challenges, noting the need to align Kindred OS’s AI architecture with its existing blockchain‑based compliance framework.
Lorenzo Romano, Head of M&A and Strategic Development at Diginex, commented that “Edge AI bridges the gap between innovation and regulatory integrity. By combining Diginex’s regulatory expertise with Kindred’s local AI architecture, we aim to set a new benchmark for how AI will enhance both performance and compliance in the years ahead.”
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