SYM Board approves Vidfy.ai & Influsense.ai
MG News | February 11, 2025 at 09:58 AM GMT+05:00
February 11, 2025 (MLN): In a major development, the Board of Directors of Symmetry Group Limited (PSX: SYM) has approved Vidfy.ai and Influsense.ai, two cutting-edge AI-powered platforms, the company's filing on PSX revealed today.
Vidfy.ai is a next-gen AI-driven video creation platform designed to revolutionize content production with automation and smart editing capabilities.
Influsense.ai is an advanced AI-based influencer analytics tool, enabling brands to identify, track, and collaborate with the most impactful influencers for data-driven marketing strategies.
The board also formally confirmed the meeting minutes held on October 20, 2024.
To accelerate growth, the board explored multiple avenues for capital infusion, including:
- IPO of new product companies as Greenfield Projects or other strategic alternatives
- Venture Capital (VC) or Private Equity (PE) funding for product companies
- Any other viable financing options
Given the time-sensitive nature of these initiatives, the board has directed management to finalize arrangements—such as appointing a financial advisor—before the next board meeting.
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