Awarded work order for AWS cloud migration from a payment technology company, ~INR 11.5 crore over 3 years
Awarded a work order by a leading payment technology and financial software company.
By ScoutQuest · · 1 min read
- Order Value
- approx INR 11.5 crore
- Contract Duration
- 3 (three) years, exclusive of taxes
- Order Geography
- Domestic order; not a related party transaction
What was announced
- The company has been awarded a Work Order by a leading payment technology and financial software company.
- The work is migration of the client's existing workloads from on-premise infrastructure to the Amazon Web Services (AWS) cloud platform.
- The update describes the nature of the order as a cloud migration and managed services contract.
- The order is domestic.
Value and duration
- The estimated value of the engagement is approximately INR 11.5 crore (Rupees Eleven Crores Fifty Lakhs Only).
- This value is over a period of 3 (three) years and is exclusive of applicable taxes.
- The execution period stated is 3 (three) years from the date of commencement of the engagement.
Other details in the annexure
- The awarding entity is described as "a leading payment technology and financial software company".
- On whether promoter, promoter group or group companies have any interest in the awarding entity, the update answers "No".
- On whether the order would fall within related party transactions, the update answers "No".
How to read the numbers
- The update calls the value both "estimated" and "approximately", so the figure is an estimate of the engagement size rather than a confirmed billing.
- The amount is spread across 3 (three) years, so it is earned over the contract period and not in one go.
- The value is stated as exclusive of applicable taxes, so taxes would be additional.
What the company says about it
The company states that this order further strengthens its position as a trusted cloud transformation partner and reinforces its capabilities in cloud migration and managed services on AWS.
Also from Workmates Core2Cloud Solution
Workmates Core2Cloud to hold investor/analyst earnings call on November 5, 2026 at 4:00 PM IST for H1 FY2027
30 Oct 2026
Board meeting on November 04, 2026 to consider and approve half-yearly results
30 Oct 2026
Awarded work order for AWS cloud migration; initial value USD 260K, revenue to ramp up over about 24 months
29 Oct 2026
More numbers
- Estimated value of the engagement (exclusive of taxes)INR 11,50,00,000
- Period over which the value is earned3 (three) years
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.