Aion Tech Solutions Partners with Theorems AD for Multimodal Mobility Solutions in India
Aion Tech Solutions has signed a 12-month MoU with Theorems AD, a Bulgarian tech company, to develop advanced mobility solutions for Indian cities. The partnership aims to create an integrated ecosystem for urban transportation using AI and technology. Initial pilot projects are planned in Telangana and Karnataka. The collaboration will focus on data orchestration and EV-operational intelligence solutions, integrating various city systems including metro, bus fleets, EV fleets, and parking management. No shareholding or special rights are involved in this partnership.

*this image is generated using AI for illustrative purposes only.
Aion Tech Solutions Limited has announced a strategic partnership with Theorems AD, a Bulgaria-based technology company, through the execution of a Memorandum of Understanding (MoU). The collaboration focuses on developing advanced mobility solutions for Indian cities, leveraging artificial intelligence and technology to improve urban transportation systems.
Strategic Partnership Overview
The MoU establishes a comprehensive collaboration between the two companies to jointly develop, deploy, and scale multimodal mobility integration solutions across Indian cities. The partnership specifically targets data orchestration and EV-operational intelligence solutions, with initial pilot projects planned in Telangana and Karnataka states.
| Partnership Details | Information |
|---|---|
| Partner Company | Theorems AD (Bulgaria) |
| Initial Pilot States | Telangana and Karnataka |
| Agreement Duration | 12 months |
| Termination Notice | 30 days written notice |
Technology Integration Framework
The collaboration aims to create an integrated ecosystem that connects various urban transportation and infrastructure components into a unified operational layer. The partnership will leverage Theorems' multimodal transport orchestration platform to integrate multiple city systems.
The integrated ecosystem will encompass:
- Metro transportation systems
- Bus fleet operations
- Electric vehicle (EV) fleets
- Parking management systems
- IoT devices and sensors
- CCTV surveillance networks
- Security infrastructure components
Partnership Structure and Terms
The MoU does not involve any shareholding arrangements between the parties, and no special rights have been agreed upon. The partnership operates on a collaborative basis without provisions for director appointments, share subscription rights, or capital structure restrictions.
| Agreement Terms | Details |
|---|---|
| Shareholding | No shareholding involved |
| Special Rights | None agreed |
| Director Appointments | Not applicable |
| Share Issuance | Not applicable |
| Related Party Transaction | No |
About Theorems AD
Theorems AD is described as a reputed company based in Bulgaria that specializes in improving the quality of life in congested and polluted cities worldwide through technology and artificial intelligence solutions. The company's expertise in multimodal transport orchestration platforms aligns with Aion Tech Solutions' objectives for urban mobility enhancement.
Regulatory Compliance
Aion Tech Solutions has disclosed this partnership under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency regarding material agreements that may impact the company's operations and strategic direction. The MoU remains valid for a 12-month period from the execution date and includes standard termination provisions allowing either party to exit with appropriate notice.
Historical Stock Returns for Aion Tech Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.19% | -0.97% | -10.51% | -21.22% | -35.46% | +397.56% |
































