Trueledger Technologies FZE to Acquire 20% Stake in Silverline for AI Initiatives

• UAE-based Trueledger Technologies FZE proposes to buy up to a 20% stake in Silverline Technologies.
• The investment aims to provide strategic exposure to Silverline's artificial intelligence-led initiatives.
• Silverline recently launched 'Silver AI', an AI-enabled web platform, with a beta version available since February 7.
• The commercial launch of 'Silver AI' is planned before February 25, and it has already garnered over 24,000 registered users.
• Silverline plans to reduce the 'Silver AI' Pro subscription fee to USD 9 per user per month to drive mass adoption, targeting 500,000 users within 45 days.