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The Economic Times

Economy / The Economic Times

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IBS Group launches new AI company; to invest $500 million

IBS Group has launched Naviq Technology, an artificial intelligence firm for the global travel sector. The company will invest USD 500 million over the next five years. Naviq Technology aims to partner with airlines and hospitality groups for business transformations. It will provide AI-first innovations to enhance operational efficiency and user experiences.

9 Jul 2026 2:01 pm