Diginex signs MOU to acquire The Remedy Project

Diginex (DGNX) executed a non-binding memorandum of understanding to acquire The Remedy Project, an organization specializing in data-driven human rights risk assessment and worker-centered remediation protocols for global supply chains. The proposed acquisition combines Diginex’s AI-powered platforms with the Remedy’s proven expertise in operational-level grievance mechanisms, forced labor remediation frameworks, and access-to-remedy programs. This powerful combined solution will enable enterprises to move beyond risk identification to deliver effective, scalable, and victim-centered remedies in situations where labor rights violations occur. The planned acquisition comes at a pivotal moment for the transparency and remediation sector. New mandatory human rights and environmental due diligence laws- such as Corporate Sustainability Due Diligence Directive – explicitly require companies to establish effective grievance mechanisms and provide or enable remedy when adverse impacts occur. The company said, “With the Remedy Project’s remediation frameworks integrated into Diginex’s platform suite of products, we believe clients will gain: Automated risk scoring paired with pre-built, worker-centered corrective action plans; Seamless escalation from grievance intake to verified remedy delivery; Full audit trails and reporting aligned with UN Guiding Principles, OECD Guidelines, and emerging forced labor regulations; Enhanced worker voice tools that prioritize survivor safety and restitution.” Archana Kotecha will join the Diginex Executive Team and focus on remedy innovation and global relationships with corporations and governments worldwide. The acquisition is expected to close within the next 45 days.