Algorhythm's Subsidiary, SMCB Solutions, Awarded Expansion Of Managed Freight Services Agreement With Procter & Gamble India, Increasing Total Annual Contract Value By 32% To $4.2M

Algorhythm Holdings, Inc.

Algorhythm Holdings, Inc.

RIME

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Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), a leading provider of AI-powered logistics solutions, today announced that its subsidiary, SMCB Solutions Private Ltd. ("SemiCab India") has been awarded a significant expansion of its managed freight services agreement with Procter & Gamble (P&G) India, increasing the total annual contract value by 32% to $4.2 million.

This expansion builds upon SemiCab India's existing relationship with P&G India and reflects both P&G India's increased confidence in SemiCab's technology platform and growing operational reliance on SemiCab's AI-powered freight orchestration capabilities. This is the third contract expansion awarded by P&G India to SemiCab India. Under the current expansion, lane volume will increase from 42 to 65 lanes, covering some of P&G's busiest manufacturing and distribution corridors across India.

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