Rander Corporation enters into JV with Signature Africa Ventures

29 Dec 2014

Rander Corporation and Signature Africa Ventures have signed a Joint Venture (JV) Agreement to form a company in Mauritius, which would be focused on building capability & executing innovative Wireless Coverage Solutions in African a Middle Eastern Countries. With the growth of Data requirement and the world evolving from human connectivity to machine-to-machine connectivity, the Joint Venture would focus on playing the role of a system integrator, which would be able to get the best of the partners' expertise in various geographies.

The Joint Venture would also focus on 4G growth in the Middle East with countries like Dubai & Qatar where there is a lot of development for events in 2020 and tapping the fresh investments happening in real estate which have opened large need for connectivity inside these buildings. On the other side, the JV would be taking low cost wireless solutions to emerging economies of Africa like Mozambique, Uganda, Rwanda & others.

Rander Corporation is a public listed company on the Bombay Stock Exchange and a leading homebuilder in the Boisar-Tarapur belt. The company has completed several housing projects, a few being Keshav Nagar, Shanti Nagar and Krishna Nagar in Boisar itself. The company is also involved in various redevelopment and SRAprojects in Mumbai.

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