Canarys Automations subsidiary secures $250,000 LinkedIn order

1 min read     Updated on 03 Jun 2026, 09:12 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Canarys Automations Limited's subsidiary, Canarys Corp, secured a US$ 250,000 order from LinkedIn Corporation for Power Apps development services. The 10-month contract involves creating a marketing budget planning application. CEO Sheshadri Srinivas described the win as a milestone that strengthens the company's position with global technology enterprises.

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Canarys Automations Limited has secured a significant order worth US$ 250,000 through its wholly-owned subsidiary, Canarys Corp, from LinkedIn Corporation. The contract entails designing, developing, testing, deploying, and maintaining a Power Platform-based marketing budget planning and management application. This engagement marks a pivotal milestone in the company's enterprise growth journey, underscoring its technical expertise within global technology organizations.

The billing services engagement is valid for a term of 10 months from the date of signing the Statement of Work (SOW). LinkedIn Corporation, registered at 1000 W Maude Ave, Sunnyvale, CA 94085, awarded the contract to the international subsidiary. The filing confirms that the order is not a related party transaction and that no promoters or group companies hold an interest in the entity to which the order is awarded.

Contract Details

The following table outlines the key particulars of the agreement:

Particulars Details
Entity awarded order Canarys Corp, a 100% wholly owned subsidiary of Canarys Automations Limited
Order type International
Significant terms Design, develop, test, deploy, and maintain a Power Platform-based marketing budget planning and management application
Time period 10 months from date of signing SOW
Commercial consideration US$ 250,000
Related party transaction No

Sheshadri Srinivas, Chief Executive Officer of Canarys Automations Limited, stated that the win reflects the confidence placed by Fortune 500 clients in the company's capabilities. He noted that LinkedIn's selection of Canarys as a trusted technology partner validates its ability to deliver complex, scalable digital transformation solutions at an enterprise scale. The company views this as the beginning of a strategic relationship that could expand into AI-powered workflow orchestration and Copilot integrations.

Canarys Automations Limited is headquartered in Bengaluru, Karnataka, and operates as a comprehensive solution provider specializing in Dev-Ops, GitHub, Azure, AWS, and GCP. The company is a GitHub Verified Partner and a Microsoft Qualified-DevOps FastTrack Partner. It went public in 2023 and acquired Fortira Inc in the US to focus on Data & AI.

Historical Stock Returns for Canarys Automations

1 Day5 Days1 Month6 Months1 Year5 Years
-2.20%+1.78%+9.29%-36.41%-32.09%-51.57%

What is the likelihood of this initial 10-month contract expanding into a longer-term engagement with LinkedIn?

How will this partnership influence Canarys' pipeline for future AI-powered workflow orchestration and Copilot integration projects?

Will this success with a Fortune 500 client drive similar demand from other major technology companies for Power Platform solutions?

Canarys Automations secures ₹4.24 crore Azure billing order

1 min read     Updated on 02 Jun 2026, 10:01 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Canarys Automations Limited secured a ₹4.24 crore contract from Finfactor Technologies Private Limited for Azure billing services over 12 months. The order, disclosed under Regulation 30, supports the client's cloud-first strategy and focuses on cloud optimization and security. This partnership aligns with Canarys' roadmap to scale its Cloud, AI, and ML capabilities globally.

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Canarys Automations Limited has secured a major contract worth ₹4.24 crore from Finfactor Technologies Private Limited to provide Azure billing services. The 12-month engagement, valid from the date of signing the Statement of Work, involves raising monthly invoices in Indian Rupees for the client's Azure service consumption. This partnership aims to accelerate Finfactor Technologies' cloud-first strategy by providing a secure, scalable, and high-performance platform for growth.

The contract was awarded under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Raghu Pavan, Chief Information Officer (CIO) of canarys automations , stated that the strategic Digital Transformation partnership will focus on adopting in-house solutions for cloud optimization, security best practices, and infrastructure scalability. He added that this aligns with the company's roadmap to scale Cloud, AI, and ML capabilities to deliver large-scale engagements globally.

Contract Details

The following table outlines the key particulars of the order:

Particulars Details
Name of the entity to which order is awarded Canarys Automations Limited
Whether order is awarded to domestic/international entity Domestic
Significant terms and conditions Provide Azure billing services by raising monthly invoice in INR for client's Azure service consumption
Time period associated with the order Valid for a term of 12 months with the Purchase Order (PO) to be issued annually
Broad commercial consideration ₹4,24,80,000 (Rupees Four Crores Twenty-Four Lakhs Eight Thousand Only)
Promoter/Promoter group interest No
Related party transaction Not a related party transaction

Strategic Implications

This win highlights Canarys Automations Limited's dedication to delivering solutions and marks a milestone in its solutions journey. The company, headquartered in Bengaluru with a subsidiary in New Jersey, USA, specializes in Dev-Ops, GitHub, Azure, AWS, and GCP. With over 35 years in business, Canarys is a Microsoft Qualified-DevOps FastTrack Partner and a GitHub Verified Partner. The company went public in 2023 and acquired Fortira Inc in the US, focusing on Data & AI.

Historical Stock Returns for Canarys Automations

1 Day5 Days1 Month6 Months1 Year5 Years
-2.20%+1.78%+9.29%-36.41%-32.09%-51.57%

How will this contract impact Canarys Automations' revenue growth in the upcoming fiscal year?

What are the potential expansion opportunities for Canarys in the cloud billing services market following this partnership?

Could this engagement lead to similar contracts with other clients in the fintech or cloud-first sectors?

More News on Canarys Automations

1 Year Returns:-32.09%