A new commerce start-up was already in function with few of the leading banks of India when it actually entered into a partnership with Infosys Finacle just a year back. Since then, Infosys has provided its full support to the Bengaluru start-up in boosting its client base up to sevenfold.
Sachin Jaiswal, who is the CEO of the start-up, stated that this partnership with Infosys has actually helped them tremendously. For a start-up, it is extremely difficult to market its business with limited resources. Finacle also maintains a similar relationship with ToneTag for providing it with a payment solution.
Most of the IT services in India have faced difficulties in the past decade due to fast changing in technology. Today, more and more customers are investing in newer digital projects. But the fact that a major part of the revenue comes from the traditional services, IT services in India are actually facing a setback.
Tech Mahindra has signed a new partnership with Avaamo in order to produce AI solutions to the international enterprises. According to Ram Menon, the CEO of Avaamo, this kind of partnership results in the benefit for both the companies.