Company Disclosure: Memorandum of Understanding Execution

Key Transaction Details

  • Execution Date: August 27, 2026
  • Counterparty: Winfluential Private Limited (registered office at Plot NO21/A, B7, 2nd Floor, Kapil complex, KPHB 6th phase, Kukatpally, Hyderabad, Tirumalagiri, Telangana, India, 500072)
  • Relationship Status: Not a related party within the meaning of SEBI (LODR) Regulations, 2015
  • Transaction Basis: Arm's-length basis
  • Governing Law: Laws of India
  • Jurisdiction: Courts at Hyderabad, Telangana

Mandate Scope and Value

GACM Technologies has been appointed as technology development partner for the design, development, testing, implementation and deployment of an AI-Powered Integrated Insurance Technology Super Platform.

Financial Terms:

  • Total Estimated Consideration: ₹250.0 million (Indian Rupees Two Hundred Fifty Million only)
  • Additional Costs: Plus applicable GST and other statutory taxes
  • Execution Period: 18 to 24 months from Project Commencement Date
  • Payment Structure: Eight defined payment milestones spread across four delivery phases
  • Cloud/Third-party Costs: Payable separately by counterparty and not included in stated consideration

Technical Scope Breakdown

The platform will include the following modules with estimated value allocation:

Development Components and Estimated Values:

  • Product architecture, research & technology design: ₹15.0 million
  • Insurance Agent CRM & Lead Management: ₹25.0 million
  • Policy & Customer Management: ₹20.0 million
  • Commission & Incentive Engine: ₹20.0 million
  • AI/ML Platform & Recommendation Engine: ₹40.0 million
  • AI Voice & Conversational Platform: ₹30.0 million
  • Insurance Comparison & Product Engine: ₹15.0 million
  • Claims Assistance & Renewal Platform: ₹15.0 million
  • Mobile Applications: ₹15.0 million
  • MIS, Analytics & Business Intelligence: ₹12.5 million
  • API / Insurer / Third-Party Integrations: ₹12.5 million
  • Cloud Architecture, DevOps & Cybersecurity: ₹15.0 million
  • Testing, QA, UAT & Deployment: ₹7.5 million
  • Contingency, programme management & scope buffer: ₹7.5 million

Allocation between modules may be reallocated based on technical requirements, provided overall project value remains within ₹250.0 million.

Delivery Timeline

The project is structured across four phases:

Phase I – Foundation (Months 1–6): Architecture, Core CRM, Agent & Customer Management, Lead Management, Policy Management, initial MIS

Phase II – Insurance Technology (Months 7–12): Commission Engine, Renewal Management, Comparison Engine, Mobile Applications, API Framework, initial integrations

Phase III – AI Platform (Months 13–18): AI Sales Assistant, AI Recommendation Engine, Predictive Analytics, Voice AI, Intelligent Automation

Phase IV – Scale & Optimisation (Months 19–24): Advanced analytics, additional integrations, security hardening, performance optimisation, enterprise deployment

Strategic Significance and Business Impact

  • Order Book Strength: Adds contracted, milestone-linked mandate of ₹250.0 million
  • Revenue Recognition: Progressive recognition across 18-24 month delivery cycle
  • Recurring Revenue Potential: 12-month warranty from production Go-Live followed by Annual Maintenance and Support Agreement
  • Intellectual Property: Company retains ownership of pre-existing platform technology, AI frameworks, reusable components and development methodologies
  • Market Positioning: Establishes company as full-stack builder of AI-native, regulated-industry platforms

Additional Material Information

  • Shareholding: No cross-shareholding between GACM Technologies and Winfluential Private Limited
  • Warranty Period: 12 months from date of production Go-Live
  • Next Steps: Definitive Software Development Agreement / Master Services Agreement with detailed Statement of Work to be executed in due course
  • Counterparty Business: Insurance distribution and allied services (domestic/India operations)