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AET appoints Videvision Smart Tech as national distributor
Mumbai: AET has appointed Videvision Smart Tech as its national distributor for LED display sales in India, impacting sectors such as broadcast, corporate, transportation, and advertising. This partnership aims to enhance AET’s distribution network and improve access to its LED display solutions nationwide.
The collaboration will utilise Videvision Smart Tech’s distribution and supply chain expertise alongside AET’s LED display technology to provide effective solutions for businesses and consumers. This move is a key part of AET’s strategy to expand its market presence and drive innovation in the LED display industry.
By leveraging Videvision’s distribution network, AET plans to increase visibility and product penetration in tier I and tier II cities, aiming to capture 25 per cent of the LED display market in these areas. AET also intends to extend its product reach to over 100 cities across India by the end of the fiscal year.
Speaking on the strategic partnership, AET India CEO Su Piow Ko said, “We are thrilled to partner with Videvision Smart Tech as our National distributor for India. This collaboration not only enhances our ability to serve the growing demand for LED display solutions but also reinforces our commitment to delivering cutting-edge technology to customers across the country. Together, we are confident that we will unlock new opportunities, strengthen our market presence, and continue setting industry standards in LED innovation.’’
AET and Videvision Smart Tech will initially focus on capturing key markets in tier one and tier two cities across India, with plans to expand into neighboring countries. This partnership is projected to drive significant growth, with AET aiming to exceed ₹1,000 crores in sales by FY 2030 and targeting a 30 per cent year-on-year growth in LED display sales, driven by this partnership.
Commenting on this partnership, Videvision Smart Tech vice president Senthil Kumar said, “This partnership with AET marks a new chapter for Videvision Smart Tech as we align our distribution expertise with AET’s innovative LED display technology. We are excited to contribute to AET’s vision of expanding its footprint across India, and we look forward to leveraging our strong distribution network to deliver exceptional value and service to customers in key markets. This collaboration is poised to drive significant growth and success for both organizations.”
This partnership marks a significant step in AET’s commitment to strengthening its market presence in India and meeting the growing demand for LED display technology.
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Canva acquires animation and AI startups Cavalry and MangoAI
The deals strengthen Canva’s push into enterprise and AI-led design workflows
AUSTRALIA: Global visual communication platform Canva has stepped up its acquisition drive, buying UK-based 2D animation platform Cavalry and US-based AI startup MangoAI to deepen its AI-powered creative stack.
Cavalry, whose tools are used by brands including Amazon, Meta, Google and Netflix, will strengthen Canva’s motion design capabilities. The deal builds on Canva’s 2024 acquisition of Affinity, which has crossed four million downloads since launch. With Cavalry, Canva now counts seven Europe-based acquisitions, underscoring its global expansion strategy.
MangoAI, an early-stage startup focused on video advertising optimisation, will integrate its reinforcement learning systems into Canva AI. The move aims to enable brands to generate personalised marketing content in real time, cutting production cycles while improving campaign performance. MangoAI co-founder Vinith Misra will join Canva as reinforcement learning lead in its research lab.
Canva co-founder and chief operating officer Cliff Obrecht said the acquisitions reflect the company’s ambition to make professional-grade creative tools more accessible without sidelining human creativity. The goal, he said, is to bring everything from vector to motion design into a single, integrated suite.
The company now reports 265 million active users, including 31 million paid subscribers, and $4 billion in annualised revenue, up 36 per cent year on year. The latest buys further position Canva against rivals such as Adobe and Apple’s Creator Studio as it pushes deeper into enterprise workflows.
Canva head of pro design marketing Liam Fisher, said AI is intended to act as a creative assistant rather than a replacement, reinforcing the primacy of craft and individual design judgement.
