SemiCab Wins New Commercial Contract with Bajaj Electricals

$560 Million New Client is One of the Largest Electronics Manufacturers in India

Fort Lauderdale, FL, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI technology holding company, announced today that it has signed a new master service agreement (MSA) with a Bajaj Electricals, one of the largest electronics manufacturers in India, with over $560 million in annual sales. Based in Mumbai, Bajaj Electricals is a publicly held subsidiary of the Bajaj Group, a $100 billion multinational conglomerate with operations in 40 countries, and is a global leader in automotive, consumer electronics, iron and steel fabrication, insurance, travel and finance.

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