Moving beyond its legacy business of PAN issuance, pension repository and identity services, Protean is expecting 25% of its revenue to come from new business segments, including ONDC-related seller tech solutions, BFSI tools, and emerging SaaS-based offerings.
In an exclusive interview, the CEO outlines the company's evolution over years, focusing on diversifying beyond government contracts and tapping into emerging sectors like SaaS, fintech, commerce and digital innovation.
Protean eGov Technologies consolidated net profit declines 46.45% in the December 2023 quarter. What’s the way ahead for the quarter and the year.
The benchmarks have set of the new Samvat with a bang. Sensex gained over 300 points while Nifty sustained 19,500 levels. Can this momentum continue? Gloablly, Moody's has downgraded US economy and that is showing with wall street futures trading in the red. However, there are positive cues from the Asian markets. Among the stocks to keep on your radar are ONGC, Coal India, and Eicher Motors on the back of their Q2 results. Also, Protean eGov Tech will hit Dalal Street with its Rs 490-cr IPO. Catch all this action on Opening Bell with Stacy Pereira as she discusses these cues with Prashant Sawant-Founder Catalyst Wealth and Mayuresh Joshi--Head of Equity Research, William O’Neil India on today's episode
Bedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.