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3i Infotech > Company History > Computers - Software > Company History of 3i Infotech - BSE: 532628, NSE: 3IINFOTECH

3i Infotech

BSE: 532628|NSE: 3IINFOTECH|ISIN: INE748C01020|SECTOR: Computers - Software
Oct 14, 16:00
-0.01 (-0.49%)
VOLUME 327,127
Oct 14, 15:59
-0.05 (-2.44%)
VOLUME 469,339
Company History - 3i Infotech
The Company was incorporated in 1993 as a wholly owned subsidiary of
 ICICI. ICICI was merged with ICICI Bank with effect from March 29,
 2002. The Company began functioning as a back office processing
 for ICICI/ICICI Bank, certain of their subsidiaries and affiliates.
 1999 technology initiatives across ICICI/ICICI Bank, certain of
 subsidiaries and affiliates were consolidated under the Company.
 Additionally, in order to leverage the expertise derived by
 ICICI/ICICI Bank, certain of their subsidiaries and affiliates, the
 Company made an entry into information technology services business
 late 1999 by providing: (i) software development and services; (ii)
 infrastructure and network management; and (iii) IT enabled BPO
 services. In March 2002, ICICI divested majority of our Equity
 by virtue of which we ceased to be a subsidiary of ICICI.
 -The company has bagged  contracts totalling .35 million from
 international banking firms, including Finansa Plc of Singapore and
 Nepal Bank. 
 -ICICI Infotech in alliance with Gerber Technology of US
 -Stanchart picks up ICICI Infotech Services customer acquisition and
 channel partner management suite, Triton, for its operations in India
 and Malaysia
 - ICICI Infotech has bagged a contract for implementation of Orion10,
 an ERP-II solution at TTK Prestige Ltd, part of the TTK Group
 - ICICI Infotech announced the launch of an ERP solution designed to
 meet the specialised demands of small and medium scale industries.
 -The Department of Company Affairs (DCA) has shortlisted Tata
 Consultancy Services and ICICI Infotech for its Rs 400-crore
 computerisation programme
 -Gets mandate to operate TINXYS (Tax Information Exchange System)
 -ICICI Infotech launches 'dbizpro'
 -3i Infotech files red herring prospectus with Sebi for IPO
 -3i Infotech Ltd has decided to fix the issue price of its initial
 public offering at Rs 100 per share. The IPO of the company, which
 closed on April 4, was subscribed by more than six times. It received
 more than 1.72 lakh applications accounting for a total demand of over
 12.1 crore shares. The institutional portion was subscribed 5.16
 times, with a total demand for over 5.05 crore shares.
 -3i Info forges alliance with Supertech Solutions
 -3I Infotech enters into marketing alliance with Orlando-based Axena
 -3i Infotech honored with Service Provider of the Year Award
 -3i Infotech releases ORION version 10.3
 - Company has changed its name from ICICI Infotech Ltd. to 3i
 Infotech Ltd.
 -3i Infotech launches FCCB offering of $ 50 mn
 -3i Infotech sets up product development centre in Kochi
 -3i Infotech acquires stake in two firms for .5 million
 -3i Infotech and Oracle launch Technology Centre of Excellence
 - 3i Infotech launches BPO Operations for Mutual Funds
 - 3i Infotech Ltd on May 09, 2007 has announced that it has partnered
 with Financial Information Network & Operations Ltd (FINO), to provide
 financial services through low cost technology enabled delivery
 channels, using Common Service Centres (CSCs).
 - 3i Infotech launches new Global Development Centre (GDC) in
 - 3i Infotech wins Best Software Product Award from HYSEA.
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 -3i Infotech on April 8 said it has been granted Capability Approval
 Certificate by the Standardisation, Testing and Quality Certification
 Directorate, Department of Information Technology.
 - 3i Infotech Ltd has acquired a majority stake of 51% in M/s. Fineng
 Solutions Pvt Ltd (FinEng) with a commitment to acquire remaining
 stake in two tranches over a period.
 - 3i Infotech Ltd has announced that it has acquired remaining 49%
 stake of its subsidiary, Delta Services (India) Pvt. Ltd, thereby
 making it a wholly owned subsidiary of the Company.
 -Corporation Bank has implemented the eMudhra Public Key
 Infrastructure (PKI) solutions offered by 3i Infotech Consumer
 Services Ltd
 -3i Infotech Achieves PA-DSS Certification
 -3i Infotech Releases Latest Remittance Transaction Processing
 -EXIM Bank Thailand chooses 3i Infotechs KASTLE Treasury, KASTLE
 Risk Management solutions
 -3i Infotechs solution accelerators give you both speed and
 -3i Infotech retains Best Takaful Technology Company award 
 -Planters Bank selects KASTLE from 3i Infotech
 -Company has won a major contract in the health care sector from
 Manipal Health Enterprises 
 Private Limited (MHEPL)
 -3i Infotech wins Most Cost Effective Solution at The Systems in the
 City Awards
 -Amalgamation of J&B Software India Private Limited, the Company's
 wholly owned subsidiary 
 with the Company.
 -3i Infotech successfully restructures its foreign currency debt;
 scrip rallies
 -3i Infotech develops online trading platform for Dubai Multi
 Commodities Centre
 -3i Infotech Leverages highly scalable and secure converged
 infrastructure from Hitachi Data Systems to offer ClouT - Testing
 Services Platform for Enterprise
 -Park N Shop selects 3i Infotechs ORION Enterprise Solution Suite
 for their complete end-to-end business solution in retail business
 -3i Infotech successfully re-launches Orion ERP in India and
 showcases advanced BFSI solutions at the Connect Expo, 2013
 -US Consul General honors 3i Infotech Ltd. with the Best Enterprise
 Resource Planning Solution for MRD and BFSI Award
 -3i Infotech wins award for its Wealth Management systems and
 Stockbroking systems
 -3i Infotech Ltd. bagged the Best Innovative IT Company Of The Year
 award at Worldwide Achivers Pvt. Ltd. (Erstwhile Time Research Pvt.
 Ltd.)Business Leadership Awards 2013
 -3i Infotech Ltd. Named Among FinTech Top 100 Ranking 2013
 -3i Infotech revives Indo-African business ties by bagging the Best
 Overall Sustainable Performance at Africa Leadership award
 -3i Infotech releases Premia 11j Life Insurance Suite
 -3i Infotech launches MFund Plus an Investment / fund management
 -3i Infotech launches ORION 11j The Generation Next Enterprise
 Resource Planning Solution
 -3i Infotech appoints R V Ramanan as Chief Operating Officer
 --3i Infotech gives the winning edge to Saudi Home Loans's Lending
 -3i Infotech executes one of its fastest insurance projects at Mitsui
 Sumitomo Insurance Company.
 -Edgars Zimbabwe select 3i Infotechs Orion ERP to enhance their
 Business Operations.
 -3i Infotech Letter of Approval for Debt Restructuring Scheme
 -3i Infotech executes one of its fastest insurance projects at Mitsui
 Sumitomo Insurance Company
 -3i Infotech as one among the 20 Most Promising ERP Solution
 Providers 2016
Source : Dion Global Solutions Limited
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