Seshaasai Technologies has secured a three-year contract with a leading public sector life insurance company for the secure printing and handling of policy bond kits along with associated logistics services. The contract was awarded through a tendering process, in which the company has emerged as one of the two successful bidders and secured a significant share of the customer’s business under the tender.
The company's revenues under the engagement will accrue in line with actual allocations and volumes executed over the three-year contract period. This contract marks the continuation of the company’s relationship with the customer, for whom the company has been providing these services as the service provider for the past two years.
Seshaasai Technologies is a technology driven multi-location solutions provider offering payments solutions, communications and fulfilment solutions and IoT solutions. It is primarily catering to the banking, financial services and insurance (BFSI) industry, with data security, and compliance at the core of its solutions.