Magellanic Cloud forays into AI smart fuel and retail automation sector | Capital Market News

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Subsidiary – Provigil Surveillance receives order of Rs 44.60 lakh from Nayara Energy

Magellanic Cloud announced its strategic expansion into the AI smart fuel and retail automation sector. Its wholly owned subsidiary, Provigil Surveillance has received a purchase order valued at Rs 44.60 lakh from Nayara Energy to implement an advanced AI-powered Automatic Number Plate Recognition (ANPR) and Video Analytics Platform across selected Retail Outlets and Oil Depots. 

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Sep 21 2026 | 10:04 AM IST



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