Polaris Software Lab Ltd

23 results about this entity

Period: 13 Apr 2006 - 25 Oct 2024

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7N partners with Polaris

IT consultancy services company 7N and Polaris Private Equity have entered a partnership with the aim of evolving 7N into a premium leader in its field with Polaris as the company’s majority shareholder. As an expert driven, flexible IT consultancy, 7N has a strong track record of serving as a trusted partner for the most critical IT projects by leveraging the experience and expertise of more than 7,300 vetted, top-tier consultants globally.

VirtusaPolaris launches OpenBank API accelerator

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., a leading worldwide provider of information technology (IT) consulting and outsourcing services, today announced the launch of the VirtusaPolaris OpenBank API Accelerator at the inaugural Singapore FinTech Festival.

Virtusa acquires majority stake in Polaris

Virtusa Corporation (NASDAQ GS:VRTU) today announced that its India subsidiary, Virtusa Consulting Services Private Limited (“Virtusa India”), has acquired all of the outstanding shares of Polaris Consulting & Services, Ltd. (“Polaris”) (BSE: POLARIS NSE: POLARIS MSEI: POLARIS) held by Mr. Arun Jain, founder and chairman of Polaris, Orbitech Private Limited, and certain other minority stockholders, representing an aggregate of approximately 51.7% (1) of the fully diluted outstanding shares of Polaris for an average of $3.12 per share (INR 213.883 per share) (2), for an aggregate purchase consideration of $165.89 million (INR 11,364 million) (2).

Virtusa to acquire majority stake in Polaris

Polaris Consulting and Services Ltd. (“Polaris”), an innovator in digital transformation and financial technology, has entered into a definitive Share Purchase Agreement (SPA) with Virtusa Corporation (“Virtusa”) whereby a subsidiary of Virtusa will acquire approximately 53% of the paid up share capital of Polaris from certain promoter entities led by Arun Jain and certain other shareholders, including OrbiTech Private Ltd (formerly known as Orbitech Limited).

Polaris Q1 FY16 revenues up by 6%

Polaris Consulting & Services Ltd (NSE and BSE: POLARIS), a leader in digital transformation solutions and services, announced its results for the first quarter of FY16 today.

Bank of Ceylon selects Intellect One treasury platform

Intellect Design Arena Ltd, a specialist in applying true Digital Technologies across Banking & Insurance, today announced that Bank of Ceylon (BOC), a leading foreign bank from Sri Lanka has chosen Intellect’s One Treasury Solution to drive end-to-end treasury management for their India operations.

Development Bank of the Philippines selects Polaris and Kaisa for core transformation

Polaris Kaisa, a joint initiative between Polaris Consulting & Services Ltd, a leader in digital transformation solutions & services and Kaisa Consulting, today announced that the Development Bank of the Philippines (DBP), one of the largest Government Financial Institutions (GFI) in the Philippines has chosen to implement Intellect Digital Core (Core Banking Solution) to transform its core banking operations.

Polaris appoints Sanjay Vatsa chief strategy officer

Polaris Consulting & Services Ltd (NSE and BSE: POLARIS), a leader in digital transformation solutions and services, today announced the appointment of Mr. Sanjay Vatsa as Executive Vice President, Chief Strategy Officer.

Polaris and Said Business School open executive digital academy

Polaris Consulting & Services, Ltd, an innovator in digital transformation for enterprises around the world, and Saïd Business School, University of Oxford announced today the launch of a new executive education programme called the Oxford Polaris Digital Academy.

PE firms buy IdenTrust

PE firms buy IdenTrust

Private equity firms Parallax Capital Partners and StepStone Group have acquired a majority stake in digital identity authentication outfit IdenTrust. Financial terms have not been disclosed.

Polaris wins $55m RBI core banking deal

Polaris wins $55m RBI core banking deal

The Reserve Bank of India (RBI) has signed a $55 million deal for the implementation and maintenance of Polaris's Intellect core banking system.

Polaris buys majority stake in IdenTrust

Polaris buys majority stake in IdenTrust

Indian fintech vendor Polaris Software has agreed to buy an 85% stake in digital identity authentication outfit IndenTrust for $20 million.

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