Infosys, the second largest software exporter of India, signed a deal with India Post for managing the rural operations platform of the latter. Under the agreement, Infosys will help India Post in its India Post's Rural Systems Integration (RSI) program. Financial details of the deal were not disclosed.
Main points of the deal
• According to the deal, Infosys will facilitate India Post in developing the service delivery platform by making use of the solutions like Finacle, TruSync and mConnect.
• The deal will help over 130000 rural post offices in offering the online services.
• Apart from this, the deal will facilitate in connecting as well as managing over 130000 handheld devices which are used by rural postal workers. These handheld devices will help in distributing the social benefits under National Rural Employment Guarantee Act and will also help in processing the electronic money orders.
Additionally, Infosys also partnered with India Post in August 2012 for transformation of financial services operations such as banking and insurance of India Post, as well as the end-user experience under its Financial Services System Integration program.
About India Post
India Post plays an important role in socio-economic development of India. Its functions include delivery of mails, accepting the deposits under the Small Savings Schemes, providing the life insurance cover under Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) as well as in providing other retail services such as sales of forms and bill collection.
What: signed a deal