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Penny stock jumps after signing MoU with IISc to develop real-time deepfake detection systems for Govt

News by Aliceblue News Desk

17 Mar 2025

Penny stock jumps after signing MoU with IISc to develop real-time deepfake detection systems for Govt

Introduction:

Leading fintech innovator has partnered with IISc Bangalore to develop real-time deepfake detection systems. This collaboration aims to strengthen digital security for governments, corporations, and organizations, combating AI-driven fraud, misinformation, and identity theft in an increasingly digital world.

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Also Read: Transformer stock jumps 6% after receiving order worth ₹726 Cr from Gujarat Energy Transmission

Share price movement of Infibeam Avenues:

On March 17, 2025, Infibeam Avenues Ltd opened at ₹18.54, up 2.78% from its previous close of ₹17.94. The stock reached a high of ₹18.54 and a low of ₹17.50. By 11:23 AM, it traded at ₹17.56, with a market capitalization of ₹4,897.73 crore.

Infibeam Avenues Collaborates with IISc to Develop Deepfake Detection Systems:

Infibeam Avenues Ltd, a leading fintech company, has signed an MoU with IISc Bangalore to develop real-time deepfake detection systems. This initiative aims to enhance digital security for governments, corporations, and organizations by combating AI-generated fraud and misinformation.

Deepfake technology poses significant threats, enabling hyper-realistic but false representations that lead to cyber fraud, identity theft, and misinformation. The collaboration will focus on advanced research to develop effective detection systems, ensuring stronger protection against emerging digital threats in various sectors.

A recent deepfake scam in January 2024 saw a Hong Kong-based firm lose $25 million (₹207 crore) when scammers impersonated executives via AI-generated videos. This highlights the urgent need for real-time solutions to prevent financial and security breaches worldwide.

Recent news on Infibeam Avenues:

As of February 04, 2025, Infibeam Avenues Ltd reported a 42.6% YoY rise in net profit to ₹62.4 crore in Q3 FY25. Revenue grew 18% YoY to ₹1,070.3 crore, driven by strong growth in payments and e-commerce segments.

Stock performance of Infibeam Avenues for Period of 1 week, 6 months, and 1 year:

Infibeam Avenues Ltd has faced a challenging market performance, with its stock declining 3.49% over the past week. Over six months, it dropped 35.1%, while the one-year return stood at -48.1%, reflecting significant investor concerns.

Also Read: Green energy stock jumps 8% after signing 2 MoUs for solar panels

Shareholding pattern of Infibeam Avenues:

ParticularsDec 2024Sep 2024Jun 2024
Promoter27.40%27.40%27.40%
FII7.20%6.80%6.60%
DII0.20%0.10%0.10%
Public64.90%65.20%65.50%
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About Infibeam Avenues:

Infibeam Avenues Ltd (NSE: INFIBEAM) is a leading fintech company providing digital payment solutions and enterprise software platforms. Serving over 10 million clients, it operates in India, UAE, Australia, and the USA, processing transactions worth ₹7 trillion in FY24.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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Aliceblue News Desk

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