Technology solutions company Raminfo Limited announced its foray into artificial intelligence, machine learning, cybersecurity and cloud services and unveiled a new logo. It also revealed plans to expand its presence in India and overseas.
“As part of our reinvention of Raminfo 2.0, we are foraying into newer verticals. These initiatives will strengthen our technology capabilities and enable us to provide customer-centric solutions that meet the demands of the modern market,” said L Srinath Reddy, Managing Director, Raminfo Limited.
“Over the next two years, RamInfo plans to expand its operations to 15 states across India from the current nine and establish a presence in five cities overseas. This expansion is part of the company’s strategy to increase its market reach,” he said.
Read also: Raminfo Board approves issue of preference shares worth Rs 620 crore
The company plans to open two innovation hubs in India and the US to nurture start-ups.
“The US Innovation Centre will also act as an incubator with a unique model to support entrepreneurs. It will also introduce upskilling and reskilling programmes to equip the workforce with the latest skills in emerging technologies,” he said.
The company posted a net profit of Rs 620 crore for the financial year ending March 31, 2024 on revenue of Rs 820 crore.
This is the last free article.