Friday, 9 May 2014

Sundaram Finance’s arm bags three deals in West Asia

Sundaram Finance’s IT subsidiary - Sundaram Infotech Solutions has bagged three large IT and ERP deals in West Asia. These include its first overseas non banking financial company (NBFC) deal with a Muscat-based fund management firm to implement term loan, financial accounting and treasury modules of its lending software solution SmartLend3G (S3G).
The company has also bagged onsite ERP deal from perfume manufacturer Swiss Arabian Perfumes Group, in UAE. Another ERP deal is in the sports space.
Sundaram Finance is one of the oldest and largest providers of finance for the acquisition of commercial vehicles of all makes. The commercial vehicle finance provided by it helps the small operators to acquire vehicles with minimum hassle and documentation.

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