Business Economy


Zen Technologies acquires Applied Research International & ARI Labs

Hyderabad, Feb 17 (UNI) Zen Technologies Limited, a global leader in combat training solutions and anti-drone systems, on Tuesday announced the acquisition of Applied Research International Private Limited (ARIPL) and ARI Labs Private Limited (ALPL), to strengthen defence simulation capabilities.
Acquiring 100 percent equity stake in both companies, valued at ₹130 crore, strengthens Zen Technologies’ commitment to advancing simulation technologies for defence and security forces.
The company said in a release that the 100 percent acquisition is expected to be completed in two tranches within the next year, subject to regulatory approvals and customary closing conditions.
ARIPL, founded in 1998, specializes in simulation and assessment tools for the marine, offshore, naval, ports & terminals, construction, and mining industries, along with e-governance solutions for the Directorate General of Shipping in India.
The company reported an operational revenue of ₹92.18 crores for the financial year ending March 31, 2024.
ALPL, also established in 1998, focuses on simulation and assessment tools specifically for the marine and naval industries. The company reported a revenue of ₹94.07 lakhs for the financial year ending March 31, 2024.

Ashok Atluri, Chairman & Managing Director of Zen Technologies, said: “Joining forces with ARI strengthens our commitment to pioneering advanced defence training solutions. Bringing together Zen Technologies’ defence excellence and ARI Simulation's commercial marine, industrial, naval simulation, and maritime e-governance-related expertise, we will continue to make our solutions more powerful, impactful, and globally accessible.”
Shravan Rewari, co-founder of ARI. who will now serve as a Board Member, for strategic alignment, said: “ Both companies grew indigenously over 25-30 years, developing industry-leading solutions and setting global benchmarks. Jointly we will create an organization, with shared values, that will lead the way in offering unparalleled products and solutions to global and Indian markets."
With this acquisition, ARIPL and ALPL will eventually be fully integrated into Zen Technologies, further cementing its position as a leader in defence simulation. This strategic move drives innovation in military training by leveraging AI-powered analytics, immersive technology, and real-time performance assessments. It also broadens Zen’s capabilities beyond land-based training, advancing its expertise in naval and maritime simulations to enhance combat preparedness for the Indian Armed Forces and global defense forces.
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