Contract Details
Workmates Core2Cloud Solution Limited has been awarded a Work Order from a leading payment technology and financial software company. The contract involves migration of the client's existing workloads from on-premise infrastructure to Amazon Web Services (AWS) cloud platform.
Contract Value and Duration
The estimated value of the engagement is ₹11,50,00,000 (Rupees Eleven Crores Fifty Lakhs Only) exclusive of applicable taxes. The contract period is 3 (three) years from the date of commencement of the engagement.
Additional Details from Annexure A
- Client: A leading payment technology and financial software company (domestic entity)
- Nature of Contract: Cloud migration and managed services for migration of on-premise workloads to AWS cloud platform
- Execution Timeline: 3 years from commencement date
- Promoter/Group Interest: No interest from promoter/promoter group/group companies in the entity awarding the contract
- Related Party Transaction: Does not qualify as a related party transaction