India, March 2 -- image credit- freepik

Avio Smart Market Stack (ASMS)(formerly Bartronics India Limited) has signed a Share Subscription cum Shareholders' Agreement with Hyderabad-based startup Huwel Lifesciences pursuant to and in furtherance of the MoU signed between the parties in September 2025.

Under the agreement, Avio Smart Market Stack will acquire a minority stake in Huwel and collaborate on business development and project execution. Under this structure, ASMS is contractually entitled to receive a defined share of the net project revenues arising from orders secured and executed through its institutional engagement and business development efforts.

Huwel Lifesciences' tuberculosis (TB) diagnostic platform has recently under...