Singapore's Trident and US-based DIG Form AI Joint Venture

en.Wedoany.com Reported - Trident Digital Tech Holdings Ltd, a Singapore-headquartered digital infrastructure holding company, has signed a definitive joint venture agreement with US-based Digital Innovations Group (DIG) to establish IRMA Asia Pte. Ltd. The 50/50 joint venture will be responsible for deploying and commercializing the IRMA AI engine across Asia, the Middle East, and Africa.

The joint venture will operate under the name IRMA Engine Asia, with each party holding a 50% equity stake and equal rights to voting, dividends, distributions, and liquidation. The signing formally confirms the parties' prior collaboration based on a binding letter of intent and strategic equity investment. Under the agreement, the joint venture's business covers all countries, jurisdictions, and territories in Asia, the Middle East, and Africa, without geographic classification restrictions and without the need for individual country activation or additional authorization. The Middle East marks Trident's first commercial market in the region, extending the company's footprint beyond its existing operations in Asia-Pacific and Africa.

IRMA Engine Asia's initial markets include Singapore, Malaysia, Vietnam, the Middle East, and Africa. According to third-party market data and the company's internal analysis, these markets comprise approximately 9.4 million small and medium-sized enterprises. The joint venture plans to reach SMEs through platform onboarding, cross-border market access services, and recurring subscriptions, leveraging national digital support programs where available to reduce adoption costs.

The IRMA platform integrates DIG's proprietary data layer, along with AI agents, campaign planning, predictive simulation, research and analytics tools, workflow automation, and multi-channel execution capabilities. The platform architecture comprises layers including data, AI agents, execution, transparency, monetization, and white-labeling. Integrated features connect to CRM and ATS systems, AI and large language model providers, advertising networks, messaging platforms, analytics systems, e-commerce services, and payment providers.

On a fully diluted basis, Trident and DIG each hold a 50% equity stake in IRMA Asia, and the ownership structure may not be altered without the written consent of both parties, who hold equal voting and economic rights. Trident will inject capital through equity contributions within 24 months of the agreement's completion, with funds held in segregated escrow accounts and released against verified delivery milestones. DIG retains ownership of the original IRMA technology and intellectual property. The joint venture owns the technology, integrations, localization, workflows, customer-facing platforms, and documentation developed specifically for IRMA Engine Asia and funded by Trident's investment.

The parties plan to approve a 12-month business plan within 30 days of the agreement's effective date, covering funding targets, market entry sequencing, pricing, staffing plans, and performance dashboards, and expect to achieve commercial launch within 90 days of the agreement's completion. Singapore will serve as the joint venture's regional headquarters, with development and support operations based in India providing dedicated technical and operational support.

Trident stated that the joint venture builds on its existing digital infrastructure operations in Africa. Trident's 50/50 joint venture, Trident Aliska Digital Tech Ghana Ltd., operates Ghana's National Digital Tax Platform for the Ghana Revenue Authority, which went live on June 24, 2026. The company previously disclosed a first-year onboarding target of approximately 530,000 businesses for the platform, with a potential consolidated revenue opportunity of $800 million over five years. These are estimates and do not represent realized revenue or contracted backlog.

Soon Huat Lim, Trident's founder, chairman, and chief executive officer, stated that the agreement contractually formalizes the joint venture structure, and neither party's 50% stake can be altered without the written consent of both parties. The company is not starting from scratch, having already built and operated digital infrastructure for a national government. Anshuman Dash, president-designate of IRMA Engine Asia, stated that the current focus is on execution, including building the operating organization, deploying technology, and establishing enterprise and distribution relationships. Michael Woloshin, founder of DIG and creator of the IRMA engine, stated that Trident brings regional infrastructure, relationships, and market access, while DIG brings technology, development organization, and the AI execution platform, with the 50/50 structure aligning both organizations around a shared objective.