Welcome to our dedicated page for Titan Environmental Solutions news (Ticker: TRIQ), a resource for investors and traders seeking the latest updates and insights on Titan Environmental Solutions stock.
Titan Environmental Solutions Inc. (TRIQ) drives innovation in environmental technology through its global fintech and AI solutions. This news hub provides investors and industry professionals with essential updates on the company's strategic initiatives, operational developments, and market leadership.
Access comprehensive coverage of TRIQ's financial announcements, technology deployments, and sustainability partnerships. Our curated collection includes official press releases detailing new client acquisitions, international expansions, and environmental impact achievements across four continents.
Bookmark this page to monitor TRIQ's progress in developing solutions that enhance resource efficiency and enable sustainable transactions. Stay informed about regulatory developments, executive insights, and technological breakthroughs shaping the environmental technology sector.
TraQiQ, Inc. (TRIQ) announced the rapid expansion of its subsidiary Mimo-Technologies into the Background Verifications service area, completing over 1 million verifications promptly. With more than 14,000 task associates, Mimo offers comprehensive verification services, including Address, Document, Financial, and Identity Verification. Their technology-driven solutions provide real-time monitoring, giving a competitive edge. Mimo's commitment to excellence is evident from client testimonials, emphasizing their reliability and professionalism in meeting customer requirements.
TraQiQ, Inc. (TRIQ) announced a non-binding Letter of Intent to acquire Ascent Business Technology, enhancing its presence in the fintech sector. Ascent offers cloud-based financial solutions leveraging AI and machine learning, targeting enterprise clients across multiple geographies. With Q1 revenue growth of over 30%, TraQiQ aims for a run-rate revenue of $20 million by year-end. The acquisition is expected to strengthen TraQiQ's product offerings, expand its global footprint, and provide additional value to clients, including major institutions like Deloitte and ICICI Bank.
TraQiQ, Inc. (OTC QB: TRIQ) reported a robust 50% revenue growth in 2020, achieving organic expansion despite the challenges of the Covid-19 pandemic. The company successfully made two key acquisitions in Q1 2021 to bolster its product offerings, expanding its workforce significantly. TraQiQ aims to surpass a $20 million revenue run-rate this year, focusing on organic growth and strategic acquisitions while innovating within the gig economy. Plans to implement blockchain solutions for efficient transaction processing were also discussed.
TraQiQ, Inc. (OTC QB: TRIQ) has announced new delivery services through its subsidiary Mimo, including a highly anticipated intercity delivery and assistance with food and beverage deliveries across India. Since launching last-mile delivery services in Tier II and III cities, Mimo has completed over 2 million transactions and achieved a gross transaction value of $40 million. The company expects rapid growth in these new offerings and aims to increase revenue significantly this year.
TraQiQ, Inc. (TRIQ) has acquired Mimo-Technologies Pvt. Ltd., a notable delivery and task fulfillment service in India. Mimo operates with a workforce of 14,000 across the country, serving over 100 clients, including major banks. The acquisition aims to enhance TraQiQ's software solutions for a growing gig economy, integrating Mimo's innovations into the TraQSuite platform. CEO Ajay Sikka emphasizes the potential for disruption in supply chain services. A call to discuss future growth is scheduled for February 24, 2021.
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