Blue Cloud Softech Signs MoU With Ghana-based Kasten to Expand AI Business in African Markets; Shares Rise 0.72%

Mumbai, November 05: Blue Cloud Softech Solutions Limited (BSE: 539607; NSE: BLUECLOUDS) has entered into a Memorandum of Understanding (MoU) with Ghana-based Kasten Development Ltd to explore strategic business opportunities and expand its technology solutions in Ghana and other mutually agreed territories.

The collaboration aims to strengthen the company’s international business network and increase the reach of its artificial intelligence (AI) platforms, software products and technology services across African markets.

Blue Cloud Softech and Kasten Development MoU Details

Under the proposed arrangement, Kasten Development will support Blue Cloud Softech in identifying business opportunities, lead generation, sales, marketing, customer engagement and implementation-related activities in Ghana.

The collaboration also envisages establishing a Centre of Excellence (CoE) in Ghana to demonstrate the company’s products and platforms, engage with prospective customers and explore business opportunities.

Blue Cloud Softech will provide product-related technical guidance, training, pre-sales support, product demonstrations and marketing resources. Kasten will facilitate local business development, customer introductions and implementation support.

Focus on AI and International Expansion

The proposed collaboration will explore opportunities across artificial intelligence, enterprise technology, software solutions, digital transformation, healthcare technology and telecommunications.

Ghana is expected to serve as the initial market, with the possibility of expanding into other African territories through mutual understanding between the parties.

The company said the partnership provides a framework to explore customer relationships, promote its technology offerings and identify potential opportunities in emerging markets. No contract value or guaranteed revenue has been disclosed.

Stock Market Snapshot

The Blue Cloud Softech share price was trading at ₹18.13, up ₹0.13 or 0.72% on Thursday, November 5, 2026, at 9:33:24 AM IST, compared with the previous close of ₹18. The stock opened at ₹18.26.

About Blue Cloud Softech Solutions Limited

Blue Cloud Softech Solutions Limited is an AI-focused technology company headquartered in Hyderabad. It provides solutions across AI, cybersecurity, telecom, 5G services and healthcare technology. Its platforms include AccessGenie, Blura SAGA, BluHawk and BluHealth.

Conclusion

Blue Cloud Softech’s MoU with Kasten Development marks a proposed expansion into Ghana and potentially other African markets. The collaboration is expected to support business development and the promotion of its AI and technology solutions in the region.

Source:

• https://www.bseindia.com/stock-share-price/blue-cloud-softech-solutions-ltd/blueclouds/539607
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/08e889ab-f7c9-44a1-8efb-f26e2880e73f.pdf