3i Infotech unit wins $154,165 order for API development

1 min read     Updated on 15 Jul 2026, 03:50 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

3i Infotech Ltd's subsidiary, 3i Infotech Inc., won a USD 154,165 order from Leading Federal Credit Union for API development and support on the MuleSoft Platform. The 5-month project includes maintenance, upgrades, and new integrations. The disclosure was voluntary as the value is below materiality thresholds.

powered bylight_fuzz_icon
45570693

*this image is generated using AI for illustrative purposes only.

3i Infotech Ltd’s wholly owned step-down subsidiary, 3i Infotech Inc. , has secured a USD 154,165 order from Leading Federal Credit Union in the USA for API development and support. The engagement, executed on July 13, 2026, involves a managed services fixed-fee arrangement on the MuleSoft Platform. The project is scheduled for execution over a period of 5 months.

The scope of work encompasses Application Programming Interface (API) development, maintenance, and support for APIs implemented on the MuleSoft CloudHub Platform. This includes technology upgrades, feature enhancements, and modifications to existing APIs. The subsidiary will also handle the development and support of new API integrations, troubleshooting of API request failures, and urgent emergency fix deployments.

Post-production support and related MuleSoft platform support services form part of the contract. The total consideration for the Statement of Work is USD 154,165, approximately ₹1.47 Cr, exclusive of applicable taxes.

The disclosure was made to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3i Infotech Ltd stated that the disclosure is voluntary as the order value is below the materiality threshold limits specified in the regulations.

The following table outlines the key details of the order:

Sr. No Particulars Details
a) Name of the entity awarding the order Leading Federal Credit Union in the US
b) Significant terms and conditions Managed services fixed-fee engagement for API Development, Maintenance and Support on MuleSoft Platform
c) Domestic or international entity International entity
d) Nature of order As mentioned in point b) above
e) Domestic or international International
f) Time period for execution 5 months
g) Broad consideration USD 154,165 (Rs. 1.47 Cr approx.), exclusive of applicable taxes
h) Promoter group interest No
i) Related party transaction No

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE748C01038/1fc3d2dc54f34bb5.pdf

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+2.30%+13.06%+17.28%+37.02%-12.02%+139.51%

Could this successful engagement with a US credit union pave the way for 3i Infotech to secure larger contracts within the American financial sector?

Will 3i Infotech leverage this project to expand its service offerings beyond API development into broader digital transformation areas?

Does this order indicate a strategic shift for the company towards focusing more on managed services and fixed-fee revenue models?

3i Infotech unit wins Rs 3 Cr order from Krung Thai Bank

1 min read     Updated on 12 Jul 2026, 10:59 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

3i Infotech (Thailand) Limited, a wholly owned step-down subsidiary of 3i Infotech, has won a contract worth THB 10,542,056.07 (approximately Rs 3 crore) from Krung Thai Bank Public Company Limited. The order, signed on July 9, 2026, involves talent deployment for digital transformation initiatives and is valid for 15 months from June 24, 2026, to September 20, 2027. The company made a voluntary disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, as the value is below the materiality threshold.

powered bylight_fuzz_icon
45217067

*this image is generated using AI for illustrative purposes only.

3i Infotech (Thailand) Limited, a wholly owned step-down subsidiary of 3i Infotech , has secured a contract from Krung Thai Bank Public Company Limited to support the bank's digital transformation initiatives. The agreement, signed on July 9, 2026, entails talent deployment across various technical domains including Full Stack Development, Backend Development (Java), and Frontend Development (Angular). The total value of the contract is THB 10,542,056.07 (approximately Rs 3 crore), exclusive of applicable taxes.

The order is valid for a period of 15 months, commencing from June 24, 2026, and concluding on September 20, 2027. The scope of work includes DevOps Engineering, Quality Assurance, Test Automation Engineering, Business Analysis, and Solution Architecture. These services are intended to support the customer's application development, enhancement, testing, and digital transformation projects.

Contract Details

Particulars Details
Client Krung Thai Bank Public Company Limited (KTB), Thailand
Nature of Order Talent deployment for digital transformation and development
Duration 15 months (June 24, 2026 to September 20, 2027)
Contract Value THB 10,542,056.07 (approx. Rs 3 crore) exclusive of taxes
Entity Type International

The disclosure was made voluntarily to the exchanges as the contract value is below the materiality threshold limits specified in Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE748C01038/4599f8e174994dd3.pdf

Historical Stock Returns for 3I Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+2.30%+13.06%+17.28%+37.02%-12.02%+139.51%

Could this contract pave the way for larger digital transformation deals with Krung Thai Bank beyond the current 15-month term?

How will this engagement impact 3i Infotech's revenue visibility from the Southeast Asian market in FY27?

Will the successful execution of this project allow 3i Infotech to pitch similar talent deployment solutions to other Thai banks?

More News on 3I Infotech

1 Year Returns:-12.02%