eMudhra's subsidiary -- eMudhra Inc has entered into an agreement dated July 24, 2025 for acquisition of 100% stake in AI Cyber Forge Inc, USA, having expertise in secrets management, just-in-time credentials, PKI automation, and encryption services. Acquisition of AI Cyberforge Inc would expand eMudhra’s product offerings and enable it to compete globally as a one stop shop for cyber security products around PKI. It will also add to eMudhra’s customer base in USA. The acquisition is being made for an immediate cash consideration of $4.8 million. The transaction is expected to be closed in 2-3 weeks of time.
eMudhra is the largest licensed Certifying Authority in India. It is engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organisations functioning in various industries.
