PrimeSoft acquires Tejora Private Limited

PrimeSoft, an IT solutions provider based out of Columbia, Maryland, United States, has announced the acquisition of Tejora Private Limited, a Mumbai-based IT services company.

According to a statement, “Tejora’s innovative financial technology products and solutions such as Saffron Pay and Saffron Square have been adopted by major banks and financial institutions in India and South East Asia. Currently, Tejora’s 150+ engineers specialize in full stack technologies such as Angular, React, Java Springboot microservices, .Net, and consult with several banks, financial institutions and insurance companies.”

“Our sector focus on Banking, Financial Services and Insurance has yielded large client wins recently in North America and India. This acquisition scales up our talent base and builds on our financial technology strengths to help clients in their digital transformation,” said Prabhaker Ramakrishnan, President at PrimeSoft.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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