- Business
- 3i Infotech Limited (3IINFOLTD.NS), a global information technology services provider headquartered in Navi Mumbai, India, and founded in 1993, delivers digital transformation solutions; cloud computing and infrastructure management; cybersecurity services including security operations centers, identity and access management, and vulnerability management; application development and maintenance; managed IT services; business process outsourcing; and consulting in IT strategy, digital transformation, and business continuity planning to clients across banking, insurance, capital markets, government, manufacturing, retail, healthcare, telecommunications, and education sectors in over 50 countries spanning Asia Pacific, Middle East, Africa, Europe, and North America. Core banking products encompass Kastle for lending, cash management, and trade finance alongside AMLOCK for anti-money laundering compliance; insurance offerings feature Premia for policy administration, claims handling, and reinsurance; investment management solutions include MFund for mutual funds and AWACS for asset and wealth management; while ERP capabilities center on Orion for small and medium-sized enterprises in manufacturing, distribution, retail, and services. In recent developments, the company completed the sale of its software products business to Azentio Software, a firm owned by Apax Partners funds, for $136 million in early 2025 to eliminate debt and bolster its IT services focus; executed amalgamations of subsidiaries including 3i Infotech Consultancy, 3i Infotech Digital, Versares, and Nure Edgetech in March 2025 alongside dilution of its stake in Nure Mediatech in January 2025; secured major contracts such as a data center managed services deal with a leading Indian private sector bank, DWBI managed services with SBI General Insurance, and INR 16.29 crore managed services from Indian Oil Corporation Limited in 2024-2025; established a partnership with Databricks for lakehouse platform integration in 2023 extended into ongoing collaborations; and completed a rights issue oversubscribed 1.47 times raising INR 64.10 crore in 2025 to support expansion.