Deals10 April 2026 at 02:21 pm
3i Infotech's US Subsidiary Bags ₹2.76 Cr Order from US Credit Union
AI Summary
3i Infotech Ltd's wholly owned step-down subsidiary, 3i Infotech Inc., USA, has secured an order on April 9, 2026, from a prominent US-based credit union. The contract involves establishing an Enterprise Application Center of Excellence (CoE) for Lending & Collections platforms. This engagement includes end-to-end responsibility for application management, enhancements, and support, aiming to improve the client's operational efficiency and scalability. The contract is for a period of 9 months and is valued at approximately ₹2.76 crores (USD 297,000), exclusive of applicable taxes. The company made this disclosure voluntarily, as the order value is below the materiality threshold.
Key Highlights
- 3i Infotech's US subsidiary won a ₹2.76 Cr order.
- Contract is for 9 months with a US credit union.
- Focuses on Enterprise Application CoE for lending.
- Highlights company's IT services and international reach.
- Voluntary disclosure, below materiality threshold.