Eros Innovation, a multi-billion-dollar entertainment powerhouse, has announced a strategic joint venture with OxValue.AI, an Oxford University spin-out specializing in AI-driven technology valuation. The collaboration aims to transform the technology valuation landscape in India by leveraging OxValue.AI’s Valuation of Early Stage Technology (VEST) Tool. This tool utilizes data analytics and artificial intelligence to provide accurate valuations for early-stage technologies and start-ups.
The key objectives of the joint venture include empowering start-ups and SMEs, facilitating technology transfer, and supporting policy and decision-making in India’s technology sector. The partnership will be headquartered in Mumbai and plans to establish regional offices across major technology hubs in India, with operations set to begin in the second quarter of 2025.
Industry leaders have recognized the potential of OxValue.AI in shaping the future of technology valuation, with Nick Talbot, CEO of the International Valuation Standards Council, calling it a transformative step forward in the profession. Ben Llewellyn-Jones, Director of Business and International Policy at the UK Intellectual Property Office, sees OxValue.AI as a game-changer for businesses managing intellectual property.
Eros Innovation is revolutionizing the media business with artificial intelligence, while OxValue.AI specializes in assessing the monetary value of technology and technology-rich start-up companies using data and AI technology. Their partnership aims to support innovation, assist SMEs, and facilitate technology transfer to developing countries. This joint venture represents a shared vision to drive technological advancement and economic growth in India.
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