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Computers - Software & Consulting
Deals10 Oct 2024, 04:39 pm

Ceinsys Tech Ltd's Order Book Crosses Rs. 1000 cr with New LOAs from State Water and Sanitation Mission and CIDCO

AI Summary

Ceinsys Tech Ltd has received two new LOAs, one from the State Water and Sanitation Mission (SWSM) of Maharashtra State for Rs. 332 cr and another from CIDCO for Rs. 29.2 cr. These LOAs are for IoT deployment, drone survey, creation of base maps and utility layers, design and development of Enterprise GIS application, and operations and maintenance programme. Ceinsys Tech Ltd has now confirmed an order book of over Rs. 1000 cr. The company recently completed a fund raise of US $28 mn and has expanded its presence to the Asia Pacific region. Ceinsys Tech Ltd aims to build a significant presence in the Data centre business and grow geometrically to a new horizon, positioning itself as a complete solution provider in the Geospatial, Engineering, and tech-enabled services sectors.

Key Highlights

  • Ceinsys Tech Ltd receives LOA from SWSM of Maharashtra State for Rs. 332 cr
  • Ceinsys Tech Ltd receives LOA from CIDCO for Rs. 29.2 cr
  • Confirmed order book of over Rs. 1000 cr
  • Recent fund raise of US $28 mn
  • Expansion into the Asia Pacific region and Data centre business
CEINSYSTECH
Computers - Software & Consulting
Ceinsys Tech Ltd

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