Avio Smart Market Stack signs MoU with BITS Pilani

Avio Smart Market Stack Ltd. | IT - Software | IT & ITES | BSE: 532694 | NSE: ASMS

15 May 2026 Evaluate

Avio Smart Market Stack (ASMS) has signed a strategic Memorandum of Understanding (MoU) with BITS Pilani. The collaboration represents a powerful convergence of industry innovation and academic excellence, with a shared vision to create scalable, technology-driven solutions that address some of rural India’s most pressing challenges. Together, the partnership seeks to impact more than 40 million farmers and rural residents through advancements in digital innovation, e-governance, applied research, and sustainable rural development.

Under the partnership, ASMS and BITS Pilani will co-develop an integrated digital ecosystem powered by emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Blockchain, and advanced data analytics. The collaboration will focus on building evidence-based, scalable solutions that improve governance, operational efficiency, digital inclusion, and rural service delivery.

The collaboration aims to tackle some of the most pressing challenges faced by rural communities, including inadequate access to formal financial services, limited availability of quality agricultural resources, lack of reliable market insights, gaps in healthcare access, and the increasing demand for sustainable and climate-resilient farming solutions. By combining ASMS’s extensive grassroots network and implementation capabilities with BITS Pilani’s expertise in research, engineering, management, and data science, the partnership aims to create impactful and sustainable solutions that can be replicated across India.

The collaboration will also provide valuable real-world research and innovation opportunities for BITS Pilani scholars and students. Early-stage projects under consideration include crop yield prediction pilots, digital financial literacy initiatives, and e-governance research programmes tailored for rural India.

Avio Smart Market Stack (ASMS), formerly known as Bartronics India, is a provider of automatic identification and data capture (AIDC) solutions. Incorporated in 1990, the company is engaged in providing solutions in bar coding, AIDC technologies, RFID, POS and smart cards.

Avio Smart Market Share Price

7.58 0.12 (1.61%)

05-Jun-2026 10:16 View Price Chart

Peers

Company Name	CMP
TCS	2248.00
Infosys	1209.20
HCL Tech.	1163.75
Wipro	197.05
Tech Mahindra	1500.55
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