EquiPPP and Nowigence Sign a Memorandum of Understanding – GlobeNewswire

ALBANY, New York, June 07, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Nowigence Inc. (OTCQB: NOWG), the SaaS Technology firm behind Pluaris, a comprehensive and turnkey AI knowledge engine, today announces a Memorandum of Understanding (MoU) with EquiPPP Social Impact Technologies Ltd. (NSE: EQUIPPP), a company headquartered in Hyderabad, India.

The MoU envisages a strategic business alliance whereby EquiPPP will act as a business development partner promoting Nowigence products in India and tailoring its core machine learning and natural language processing engine to develop IT and ITeSaaS (information technology enables software as a service) products for corporate social responsibility (CSR) activities, granting EquiPPP exclusive marketing rights for those CSR products in India.

India is amongst the first nations to make CSR obligatory. The top Indian companies with annual revenues of over $140 million or assets more than $70 million or net benefits exceeding $700,000, spend 2%…

Read Full Story: https://www.globenewswire.com/news-release/2022/06/07/2457396/0/en/EquiPPP-and-Nowigence-Sign-a-Memorandum-of-Understanding.html

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