Diginex acquires The Remedy Project to enhance ESG compliance and human rights solutions in global supply chains.
Quiver AI Summary
Diginex Limited announced its acquisition of The Remedy Project Limited, a Hong Kong-based organization specializing in labor and human rights within global supply chains. This definitive share purchase agreement follows a previously signed MOU and is part of Diginex's strategy to enhance its sustainability and ESG compliance solutions. The acquisition addresses the urgent need for effective remediation processes in supply chains, driven by new regulations requiring companies to manage human rights risks actively. With The Remedy Project's expertise, Diginex aims to improve its diginexAPPRISE platform, which collects actionable data from workers, and further its mission of promoting transparency and accountability in corporate practices. Archana Kotecha, Founder of The Remedy Project, will join Diginex's executive team, enhancing their capabilities in remedy innovation and corporate partnerships.
Potential Positives
- Diginex has successfully signed a definitive share purchase agreement to acquire The Remedy Project, expanding its capabilities in labor and human rights advisory services, which are increasingly critical given rising global regulatory demands.
- The acquisition enhances Diginex's existing technology offerings, particularly diginexAPPRISE, by integrating The Remedy Project's expertise in grievance mechanisms and remediation, allowing for more comprehensive solutions for clients.
- This strategic move positions Diginex to better address the full lifecycle of human rights due diligence, meeting the needs of clients as regulatory pressures for transparency and accountability continue to intensify.
- The inclusion of The Remedy Project’s founder in Diginex's executive team signifies a commitment to innovation in remedy solutions, strengthening the company's leadership and expertise in the field.
Potential Negatives
- The press release emphasizes the need for compliance due to increasingly stringent regulations, which might suggest existing challenges or pressures the company faces in this area.
- The acquisition of The Remedy Project could imply that Diginex lacks sufficient internal expertise or resources to effectively address human rights issues without external help.
- Although presented positively, the reliance on partnerships and acquisitions may indicate potential vulnerabilities in Diginex's core capabilities or business model.
FAQ
What is the recent acquisition by Diginex Limited?
Diginex Limited has acquired The Remedy Project, enhancing its capabilities in labor and human rights within global supply chains.
Why is this acquisition significant for Diginex?
This acquisition strengthens Diginex's position in providing comprehensive ESG compliance and human rights due diligence solutions.
What is the role of The Remedy Project in this acquisition?
The Remedy Project specializes in human rights due diligence and grievance mechanisms, contributing critical expertise to Diginex's offerings.
How does this acquisition address regulatory demands?
The acquisition supports compliance with stringent regulations like the EU corporate sustainability due diligence directive by enhancing remediation processes.
What technology does Diginex utilize in its offerings?
Diginex employs blockchain, AI, and machine learning technologies to improve ESG, climate, and supply chain data management and reporting.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DGNX Hedge Fund Activity
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Full Release
LONDON, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (NASDAQ: DGNX), (“Diginex” or the “Company”), a leading provider of Sustainability RegTech solutions, today announced the successful signing of a definitive share purchase agreement to acquire The Remedy Project Limited ("The Remedy Project"), a Hong Kong based advisory and research organization specializing in labor and human rights in global supply chains, with recognized expertise in human rights due diligence, grievance mechanisms, and remediation.
This acquisition follows the non-binding Memorandum of Understanding (MOU) signed on November 21, 2025, and marks a significant milestone in Diginex's strategy to deliver end-to-end solutions for ESG compliance, supply chain due diligence, and remediation. The transaction is expected to close shortly, subject to customary closing conditions.
The growing demand for effective remediation work in global supply chains is driven by increasingly stringent regulations, including the EU corporate sustainability due diligence directive (CS3D) and similar frameworks worldwide. These laws require companies not only to identify human rights risks but also to implement verifiable remediation processes, creating a critical need for integrated technology and advisory services that bridge detection with actionable outcomes.
Diginex has a proven track record of partnering with leading global companies such as The Coca-Cola Company and Unilever to enhance supply chain transparency and human rights due diligence. Additionally, Diginex's platforms, including diginexAPPRISE, originally built by the United Nations, have supported multi-stakeholder initiatives involving these brands to empower worker voice and strengthen grievance mechanisms in complex supply chains.
The Remedy Project's expertise in operational-level grievance mechanisms, forced labor remediation frameworks, and access-to-remedy programs complements Diginex's existing suite of AI-powered tools. In particular, the acquisition enhances diginexAPPRISE, Diginex's multilingual, worker-led application that collects standardized, actionable data directly from supply chain workers to identify risks and improve transparency.
Archana Kotecha, Founder and CEO of The Remedy Project, will join Diginex's executive team, focusing on remedy innovation and global relationships with corporations and governments.
Miles Pelham, Chairman of Diginex, stated: "We are thrilled to complete this acquisition and welcome The Remedy Project to the Diginex family. The synergy between their world-class advisory expertise and our technology, especially diginexAPPRISE, positions us uniquely to address the full lifecycle of human rights due diligence—from proactive risk monitoring to verified remediation. As regulatory pressures intensify, this combination empowers our clients to lead with transparency and accountability."
Archana Kotecha added: "For many years, The Remedy Project has focused on one core challenge: how to ensure that human rights due diligence leads to real, enforceable remedy for workers. Joining Diginex allows us to bring together deep human rights expertise, worker-centered methodologies, and technology at scale, bridging the persistent gap between identifying risks and delivering meaningful outcomes. This partnership creates a powerful platform to support companies, governments, and institutions in moving from compliance to accountability, and from commitments to impact.
About Diginex
Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software.
The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.
For more information, please visit the Company’s website: https://www.diginex.com/ .
About The Remedy Project
Founded in 2020, The Remedy Project is a Hong Kong-based social enterprise providing advisory, and capacity building services on labor and human rights in global supply chains. The organization works with companies, governments, multilaterals, and civil society to strengthen human rights due diligence, design and evaluate grievance mechanisms, and support effective remediation and access to remedy for workers, particularly in high-risk sectors and geographies across Asia.
The Remedy Project is recognised for its rights-holder-centred and gender-responsive approaches, deep regional expertise, and contribution to global standard-setting and industry initiatives.
For more information, please visit the Company’s website: https://www.remedyproject.co/
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company's filings with the SEC.
Diginex
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