newsfilter
← Latest News
GlobeNewswire·

RedCloud Signs India MOUs to Deploy Its RAID and CORE Engines Targeting 11 Apparel Brands, 25,000+ SKUs and 1,250+ Buyer Points

  • RedCloud Holdings plc announced two Memoranda of Understanding to deploy RedAI infrastructure across Dheer Marketing India Pvt. Ltd. & Klakshya Marketing Private Limited distribution operations.
  • The combined programs target 11 priority brands, over 25,000 active SKUs, & more than 1,250 retail, wholesale, distributor, & institutional buyer points across India.
  • RedAI has ingested over 300,000 orders from January 2020 to May 2026 covering 526 institutional buyers, 192 locations, & 11,810 SKUs from four consumer brands.
  • The upcoming RAID prediction engine is built on a proprietary Data Foundation representing $6.9 billion in FMCG trading data gathered since 2023.
  • RedCloud aims to address India's fragmented apparel ($117 billion) & footwear ($20 billion) markets by using SKU-level intelligence to reduce lost sales, blocked inventory, & stock-outs.
  • The Dheer Marketing India MOU targets 5 brands, 10,000+ SKUs, & 500+ buyer points across 15 locations, with definitive agreements targeted for September 2026.
  • The Klakshya Marketing MOU targets 6 brands, 15,000+ SKUs, 750+ endpoints, & 20+ categories, featuring a 90-day program to measure inventory & working-capital efficiency, with definitive agreements targeted for Q4 2026.
  • RedCloud's RAID & CORE engines are not yet commercially launched, & the Memoranda of Understanding are non-binding with no assurance of definitive agreement execution or revenue generation.
  • The counterparties in these agreements are related parties of RedCloud Holdings plc.