StockWatch
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Computers - Software & Consulting
Business Update20 Aug 2026, 09:28 am

Magellanic Cloud Subsidiary IVIS Secures Second Order from Capri Global

AI Summary

Magellanic Cloud Limited's wholly owned subsidiary, IVIS International Private Limited, has received a second purchase order from Capri Global Capital Limited. This order is for the pan-India deployment of IVIS's Integrated E-Surveillance & Vault Operation Solution across additional sites. The repeat business strengthens IVIS's relationship with Capri Global and expands its presence in the BFSI sector, reflecting continued confidence in its technology and nationwide deployment capabilities. The company aims to deepen existing customer relationships and expand its institutional deployments.

Key Highlights

  • IVIS International receives second purchase order from Capri Global Capital.
  • Order involves pan-India deployment of e-surveillance and vault operation solution.
  • Strengthens Magellanic Cloud's presence in the BFSI sector.
  • Demonstrates continued customer confidence in IVIS's technology and execution.