RNIT AI Solutions Ltd becomes India’s first AI-driven governance company to be listed on the stock market

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HT Bureau

GUWAHATI, Oct 25: RNIT AI Solutions Ltd., a pioneer in Artificial Intelligence–driven governance and enterprise transformation, today achieved a historic milestone with its listing on the Bombay Stock Exchange (BSE).

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The ceremonial bell was rung by Raja Srinivas Nandigam, Managing Director and CEO of the company.

Speaking at the ceremony, Nandigam said, “Our public listing today is not just a financial milestone—it is a mission milestone. At RNIT, we believe Artificial Intelligence must become the backbone of governance and enterprise transformation in India. This listing empowers us to scale our vision of Responsible AI—AI that serves people, not replaces them—across governance, education, healthcare and food ecosystems.”

Founded in 2019 with the aim of transforming governance through Artificial Intelligence, RNIT AI Solutions Ltd has emerged as an innovation partner to multiple state governments and enterprises.

The company has implemented AI-powered Facial Recognition and Beneficiary Tracking Systems that have handled over 3 billion identity verifications across 300+ departments, making it the country’s largest SaaS provider of AI-centric identity and management systems.

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In 2023, the company completed a strategic merger with Autopal Industries Ltd., approved by the National Company Law Tribunal (NCLT), strengthening its technological and financial base.

RNIT’s work in e-Governance and AI-driven automation has earned recognition including the Prime Minister’s Award for Excellence in Public Administration (2024) and several State and National e-Governance Awards.

Following its market debut, RNIT is set to accelerate innovation-led growth, expand into new states and explore emerging global markets.

The company is investing in multi-modal AI that integrates text, voice and vision analytics to deliver predictive and insight-driven decision intelligence for governance and enterprise applications.

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Guided by its core philosophy of “Innovation with Integrity,” RNIT aims to continue developing fair, transparent and privacy-preserving AI systems, setting benchmarks for responsible large-scale AI implementation built in India for the world.

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