GlobeNewswire·Jun 26, 2026, 9:30 AM ET

RedCloud Begins India Deployment, Activating RAID Intelligence Engine Across Apparel and Footwear dataset

RedCloud Holdings plc executed a Data Access & Usage Framework with a leading Indian distribution group in the apparel & footwear sector.
The agreement provides RedAI infrastructure with access to structured data representing approximately $35.05 million in transaction value across ~300,000 transactions.
The dataset covers seven years of continuous trading activity with SKU & brand-level granularity for major global labels in India.
RedCloud retains ownership of all derived data, models, & analytical outputs generated through the framework.
The data enables early training of RedAI's demand forecasting capabilities using the RAID engine for new consumer goods categories.
RedCloud is actively engaging with FMCG companies via its India joint venture structure announced on June 24, 2026.
CEO Justin Floyd stated the agreement addresses fragmented trade intelligence to provide competitive advantage without surrendering proprietary data.
CRO Vikram Sharma confirmed the framework allows engagement with major prospective customers as operational trade data flows into RedAI.
RedCloud is a British company registered in London co-founded by Justin Floyd & Soumaya Hamzaoui.
Forward-looking statements note that the annual license fee is contingent on joint venture revenues with no minimum cash payment guaranteed.