Magellanic Cloud Subsidiary Secures $4.70 Million Purchase Orders from Multinational Company
Magellanic Cloud Ltd's step-down subsidiary, Motivity Labs Inc. (USA), has secured multiple high-value Purchase Orders from a leading multinational company, with a combined contract value of approximately USD 4.70 million (approx. INR 39 crores). This significant order win further strengthens the Company’s position in the global technology and data engineering space. The scope of work includes advanced data engineering, analytics, infrastructure support, and program management services. These engagements are part of large-scale, highlighting the continued trust of global enterprises in the Company's capabilities and execution strength. The orders are expected to be executed over the calendar year 2026 and will contribute meaningfully to the Company’s revenue visibility and growth momentum.
Key Highlights
- Magellanic Cloud's subsidiary wins purchase orders worth $4.70 million from a multinational company
- The orders are for advanced data engineering, analytics, infrastructure support, and program management services
- The engagements are part of large-scale, highlighting the continued trust of global enterprises
- The orders are expected to be executed over the calendar year 2026
- This significant order win further strengthens the Company’s position in the global technology and data engineering space