-6.40 (-1.15%) eMudhra has entered into a definitive agreement to acquire 51% of Ikon Tech Services LLC, Texas, USA, through its wholly owned subsidiary eMudhra Inc, USA. eMudhra has been in the digital trust, digital security and digital transformation space for the past 14 years.
Over the years, eMudhra has established a strong footprint in India and emerging markets with marquee reference customers. eMudhra’s ambition to grow to the next level will depend on expanding into developed markets particularly the US which is the largest software market in the world. This in turn will depend on its ability to show an initial set of reference customers, its ability to hire talent to drive customer relationship management, its ability to provide local support to ensure streamlined delivery in US.
eMudhra is engaged in digital trust services and enterprise solutions to individuals and organisations functioning in various industries. It is a 'one-stop shop' player in secure digital transformation and provides a wide spectrum of services and solutions from issuance of certificates as a certifying authority to offering identity, authentication and signing solutions.