Deals26 Aug 2024, 10:57 pm
Mudunuru Ltd Secures Order from Indian Bank for SMS Aggregating Solution Worth 2.20 Crore Per Year
AI Summary
Mudunuru Ltd has been awarded an order by Indian Bank for providing a SMS aggregating solution. The contract is for system integration involving required hardware, software, and middleware. The contract is valued at 2.20 Crore per year and is extendable for up to 3 years. The contract was awarded by a domestic entity and falls under system integration services for both domestic and international markets. The order will be executed within 9 months and is not a related party transaction.
Key Highlights
- Mudunuru Ltd secures order from Indian Bank for SMS aggregating solution.
- Contract valued at 2.20 Crore per year, extendable for up to 3 years.
- Involves system integration with required hardware, software, and middleware.
- Order awarded by a domestic entity for both domestic and international markets.
- Execution time is 9 months.