RedCloud Signs India MOUs to Deploy Its RAID and CORE Engines Targeting 11 Apparel Brands, 25,000+ SKUs and 1,250+ Buyer Points

London and Delhi , Aug. 12, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) today announced two Memoranda of Understanding (the "MOUs") to deploy its RedAI infrastructure — powered by RedCloud’s forthcoming RAID (Realtime AI for Distribution) prediction engine and CORE (Compounding Operating Runtime Engine) trade-execution engine — across the apparel, footwear and lifestyle distribution operations of Dheer Marketing India Pvt. Ltd. and Klakshya Marketing Private Limited. Together the two programs target 11 priority brands, more than 25,000 active SKUs and over 1,250 retail, wholesale, distributor and institutional buyer points across India.

Under the data agreement announced on June 26, 2026, RedCloud has begun ingesting both businesses’ commercial data into RedAI’s Data Foundation. Before cleaning and classification, RedAI has received over 300,000 orders from January 2020 to May 2026, covering 526 institutional buyers — including major institutional and canteen procurement networks — across 192 locations and 11,810 SKUs from four consumer brands.