ICRA upgrades Zensar Technologies’ long-term rating to AA+

Credit rating agency, ICRA has upgraded rating of Zensar Technologies’ long-term rating to AA+ from AA with stable outlook. AA rated instruments are seen as having high degree of safety regarding timely servicing of financial obligations and carry very low credit risk. The rating agency has also re-affirmed the company's short-term rating at A1+.

Zensar Technologies is among the top 20 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance, Utilities, Healthcare and Life Sciences.