Parametrix Technologies bags Rs 11.18 crore deal with leading rating agency
Mumbai Mumbai: Paramatrix Technologies Ltd (NSE: PARAMATRIX), a reputed provider of cutting-edge enterprise software solutions and comprehensive IT services, has announced the receipt of a significant service order worth Rs 11.18 crore from one of India’s leading rating agencies.
Under this prestigious contract, Paramatrix Technologies will provide application development and maintenance services for multiple mission-critical applications managed by the agency. The scope of work is governed by a master service contract and spans a period of three years from April 2025 to March 2028.
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This new contract underlines the Company’s capabilities in providing high-quality, reliable and scalable digital solutions tailored to the needs of India’s top institutions. It further strengthens the Company’s market position as a trusted technology partner in the financial services and credit rating industry.
With a strong focus on innovation and client-centric delivery, Paramatrix Technologies continues to expand its footprint in key sectors through impactful and sustainable technology alliances.
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Commenting on this development, Mukesh Thummar, Founder, MD & CEO, Paramatrix Technologies Ltd said: “This win is a strong validation of the trust placed in our capabilities by industry leaders. Partnering on a project of this scale is a significant moment for us, reflecting our prowess in delivering complex, business-critical solutions that make a real impact. We are fully prepared to bring out the best of our potential and consider this collaboration a significant milestone in our growth journey. Looking to the future, we are committed to strengthen our presence in the financial technology space and continue to invest in talent, tools and innovation to empower our clients in an increasingly digital-first world.”
