Algorhythm Holdings Announces Major SemiCab Contract Expansion with Apollo Tyres [Yahoo! Finance]
Algorhythm Holdings, Inc. (RIME)
Company Research
Source: Yahoo! Finance
Fort Lauderdale, FL, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME ) – a leading AI technology company, today announced that SemiCab was recently awarded a large expansion to its Master Services Agreement with Apollo Tyres, Ltd. (“Apollo Tyres”), the second largest tire manufacturer in India with over $5 billion in annual sales and a top ten global competitor in the tire industry serving Asia, Africa, Europe and North America. Under the terms of the expanded agreement, SemiCab will provide managed transportation services to Apollo Tyres along 20 densely populated lanes in India as well as provide higher overall frequency of loads shipped across the enlarged geographical footprint. The expanded relationship with Apollo Tyres has the capacity to generate as much as $2,500,000 of annual revenue for SemiCab. SemiCab originally launched its commercial pilot program with Apollo Tyres in September 2024. SemiCab's managed services are powered by
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RIME
News
- SemiCab Exits 2025 With Record $10 Million Annualized Revenue Run RateGlobeNewswire
- Algorhythm Holdings Announces Major SemiCab Contract Expansion with Apollo TyresGlobeNewswire
- Algorhythm Holdings Recaps Transformational 2025 Marked by Key Customer Wins, Major Contract Expansions and Strong Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Algorhythm Holdings Recaps Transformational 2025 Marked by Key Customer Wins, Major Contract Expansions and Strong Revenue GrowthGlobeNewswire
- SemiCab Awarded $6 Million Contract Expansion, Accelerating Projected ARR to Over $13 Million [Yahoo! Finance]Yahoo! Finance
RIME
Sec Filings
- 12/29/25 - Form 8-K
- 12/16/25 - Form SCHEDULE
- 11/28/25 - Form 8-K
- RIME's page on the SEC website