InvestorQ : What is the business model of the newly floated Adani Digital Labs?
Katherine Gonsalves made post

What is the business model of the newly floated Adani Digital Labs?

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Riya Dwivedi answered.
2 months ago
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Adani Digital Labs Private Limited has been incorporated in ROC Ahmedabad as a wholly owned subsidiary of Adani Enterprises. The idea of Adani Digital Labs is to act as catalyst for creating an omni-channel that will enable the diverse customer base of Adani group, as well as potential customers, to digitally communicate with all the B2B and B2C business lines of the Adani group. The Adani group has largely focused on technology and automation.

Adani Enterprises is the holding company of the group, but more importantly, it acts as the virtual incubator of new and high risk businesses like airports, digital, green energy etc. Adani is one of the 4 business groups to have Market Cap above $100 billion, apart from RIL, Tata group and the Bajaj Group. Adani Digital Labs is likely to enhance the value proposition of the group through better digital leverage.

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