One Point One Solutions Limited has signed a term sheet to acquire a majority stake in India's first deep-tech, AI-powered autonomous software engineering platform, enhancing its position in the AI and automation markets.

Target Information

One Point One Solutions Limited (NSE: ONEPOINT), headquartered in Mumbai, India, is a distinguished provider of next-generation Business Process Management (BPM) and digital transformation services. The company has announced a significant development: it has signed a binding term sheet to acquire a majority stake in a pioneering enterprise specializing in intelligent automation, which is recognized as India's first deep-tech, AI-driven autonomous software engineering platform. This acquisition is contingent upon the successful completion of legal and financial due diligence.

The target company represents a groundbreaking platform that autonomously creates secure, production-ready software spanning frontend, backend, and database layers, marking a significant advancement beyond the functionalities provided by traditional coding assistants and low-code/no-code development tools.

Industry Overview

India's technology industry is experiencing rapid advancements, particularly in the fields of artificial intelligence and automation. The market is increasingly leaning towards integrating sophisticated AI technologies across va