ITC Infotech Wins Multi-Year Deal with Nippon Life India Asset Management Ltd. (NAM India) to Power Next-Generation Digital Growth

The multi-year engagement will enable ITC Infotech to leverage its deep industry expertise and advanced digital capabilities to strengthen NAM India’s technology backbone, drive digital transformation, and support future-ready business growth.

Bangalore, Karnataka, India – Business Wire India

ITC Infotech, a leading global technology services and solutions provider has been awarded a multi-year contract with NAM India (NSE: NAM-India), one of the country’s leading asset management companies.

Under this multi-year partnership, ITC Infotech will manage and modernize NAM India’s core technology operations covering applications, infrastructure, and cybersecurity, while enabling advanced data, digital, and AI-driven initiatives.

The partnership will also include strategic technology advisory and the setup of a dedicated Offshore Development Center (ODC) in Mumbai to enhance agility, collaboration, and delivery excellence.

This engagement with NAM India to drive modernization, agility, and a stronger technology ecosystem is a key milestone in ITC Infotech’s journey in financial services.

Commenting on the engagement, Abhijit Shah, Chief Technology Officer, Nippon Life India Asset Management Ltd, said: “We are confident that this collaboration with ITC Infotech will help us strengthen our technology backbone, enhance operational resilience, and bring greater agility to our business. This is an important step toward building a truly future-ready organization.”

Vishal Kumar, President & Regional Head – India, APAC & MEA, shared, “We are delighted to partner with Nippon Life India Asset Management Ltd. on their transformative journey. I am confident that our deep understanding of the financial services landscape, coupled with our technological capabilities will make a meaningful contribution to NAM India’s vision of becoming a digital-first enterprise."

The collaboration underscores ITC Infotech’s proven expertise in transforming financial institutions through digital technologies, strengthening its position as a trusted partner driving innovation and sustainable growth in the BFSI sector.

About ITC Infotech

ITC Infotech is a leading global technology services and solutions provider, led by Business and Technology Consulting. ITC Infotech provides business-friendly solutions to help clients succeed and be future-ready, by seamlessly bringing together digital expertise, strong industry specific alliances and the unique ability to leverage deep domain expertise from ITC Group businesses. The company provides technology solutions and services to enterprises across industries such as Banking & Financial Services, Healthcare, Manufacturing, Consumer Goods, Travel and Hospitality, through a combination of traditional and newer business models, as a long-term sustainable partner.

For more information, please visit: http://www.itcinfotech.com

About Nippon Life India Asset Management Ltd.

NAM India is one of India’s leading financial services companies, offering a comprehensive range of investment and wealth management solutions to millions of investors. With a strong presence across the country, NAM India has built its reputation on trust, innovation, and customer-centricity. Its portfolio spans mutual funds, portfolio management services, and alternative investments, enabling individuals and institutions to achieve their financial goals. Guided by a commitment to transparency and performance, NAM India continues to be a trusted partner in shaping India’s investment landscape.

For more information, please visit: https://mf.nipponindiaim.com/

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)