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3i Infotech announced that the 30th Annual General Meeting (AGM) of the company will be held on 23 September 2023.

3i Infotech to convene AGM

3i Infotech announced its partnership with InsureMO, a world leading Insurance Middleware Platform. InsureMO collaborates with various sectors, driving monumental changes specifically designed for the insurance industry. This Partnership will help 3i Infotech to expand its services offering with implementation capabilities for InsureMO platform which modernize &amp; transform the insurance providers offerings without changing their core solutions. The InsureMO platform serves as a digital insurance middle office platform for a plethora of entities, including insurers, brokers, agents, channels, insurtechs, and startups. This positions them to enable use cases for any product and channel, granting insurance carriers the capability to not only modernise their systems but to also strategize better in terms of distribution. 3i Infotech has long been a dominant player in the IT domain, catering to a broad spectrum of clients. This partnership will enhance and accelerate the transformative journey, synergizing the competencies of both companies. By doing so, the customers will witness reductions in underwriting operational costs, quicker insurance product rollouts, and a streamlined DevOps cycle for the creation of microservices and web applications.

3i Infotech collaborates with InsureMO

This partnership allows 3i Infotech to expand its services by implementing the InsureMO platform, which modernizes and transforms insurance providers offerings without changing their core solutions. InsureMO serves as a digital insurance middle office platform for various entities in the insurance industry. This partnership will enhance the transformative journey for both companies and result in reduced operational costs, faster insurance product rollouts, and streamlined DevOps cycle for creating microservices and web applications.Rishi Agrawal, chief technology officer, 3i Infotech remarked, As 3i Infotech embarks on a promising phase of growth, finding partners who resonate with our vision is paramount. With InsureMO, we believe we have found the ideal collaborator. Leveraging their advanced platform and our expertise, our goal is to introduce a pioneering and transformative digital PaaS solution tailored for enterprises.Mumbai-based 3i Infotech provides information technology services and software solutions. The company operates through three segments: Enterprise Services, Professional Services, and Digital Business Services, offering a wide range of services including consulting, automation, analytics, cybersecurity, and more.In the quarter ended June 2023, 3i Infotech reported a net loss of Rs 15.59 crore, which is higher than the net loss of Rs 1.52 crore in Q1 June 2022. However, there was a increase in sales, with a YoY growth of 8.46% to Rs 194.38 crore in Q1 June 2023.

3i Infotech hits the roof on partnering InsureMO

3i Infotech announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2023.

3i Infotech schedules AGM

The share touched a 52-week high of Rs 54.20 and a 52-week low of Rs 25.93 on September 12, 2022 and March 28, 2023, respectively.

3i infotech shares gain nearly 9% on order win worth Rs 42.6 crore

This partnership aims to establish a path-breaking AI lab at SRM Valliammai Engineering College in Chennai, the company said.

3i Infotech spurts 3.65% after subsidiary inks pact to set up AI lab

3i Infotech Consolidated March 2023 Net Sales at Rs 190.46 crore, up 8.44% Y-o-Y

The total value of contract is Rs 16.29 crore for a period of 3 years.The company understands the business processes, key drivers for effective service delivery, issues, and challenges. The company shares a long-standing relationship with IOCL, and this renewal furthers their commitment to meet the technical requirements of the constantly evolving digital technology landscape to remain effective in the long run.Commenting on this contract, Thompson P. Gnanam, managing director, and Global CEO, 3i Infotech said, “This multi-year deal is a major milestone for 3i Infotech, as we look to grow our portfolio of government and public sector enterprises. We are committed to delivering innovative end-to-end solutions to the complex requirements of our clients.”3i Infotech has been committed to driving business value across multiple industry verticals. The company has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, healthcare, manufacturing, education, telecom, media & entertainment, retail and government sectors.The company reported a net profit of Rs 13.05 crore in Q3 FY23 as against net loss of Rs 22.63 crore in Q3 FY22. Net sales rose 10% year on year to Rs 182.30 crore in Q3 FY23.

3i Infotech spurts on bagging multi-year contract from IOCL 

The contract is valued at Rs 16.29 crore for managing IOCL's data centre services for three years. The stock has fallen over 70 percent after it re-listed in October 2021, largely on the back of inconsistent financial performance

3i Infotech snaps 6-day losing streak on Indian Oil contract renewal

3i Infotech Consolidated December 2022 Net Sales at Rs 182.30 crore, up 10.02% Y-o-Y

3i Infotech Ltd. is a holding company, which engages in the provision of information technology solutions. It operates through the Information Technology Solutions and Transaction Services segments. The Information Technology Solutions segment offers software products and information technology enabled services. The Transaction Services segment comprises of the knowledge processing outsourcing and business processing outsourcing services. The company was founded on October 11, 1993 and is headquartered in Navi Mumbai, India.

Watchers	47
52-Wk Low	26.25
52-Wk High	46.40

Market Cap	6.8B
Volume (M)	3.27M
52-Wk High	46.40
52-Wk Low	26.25

3IINFOLTD.NSE 3i Infotech Ltd.

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