Glodyne Technoserve has announced the acquisition of Comat Technologies.Comat has created a strong niche in the e-governance sector in the country having worked with governments in using technology to provide services that ensure reach to millions of people and bring efficiency in the processes.
Comat acquisition will help Glodyne expand its reach in new states and add several key partnerships and relationships with governments for providing citizen centric programs. Glodyne intends to fully leverage these opportunities to continue to expand its presence in the e-governance space. With Comat's experience in the space Glodyne expects further improvements in efficiencies and delivery excellence as it continues to pursue large public-private partnership based projects.
"Comat brings on-the-ground experience of having worked on providing services for millions of rural citizens. Together with our technology and service offerings, we believe tremendous value can be created for all constituents" said Annand Sarnaaik, CMD, Glodyne Technoserve.
"As a leading social enterprise, Comat has created huge impact on the ground serving millions of rural citizens. We believe that the philosophy we set out in building the enterprise has remained over the years and together with Glodyne, we think we can increase our social impact foot print" said Ravi Rangan, Founder and Vice Chairman Comat Technologies.
With Glodyne' financial strengths, strong presence in the government sector and its experience of executing large public-private partnership based projects; it is confident of ensuring efficiencies improvement through backward integration as well as strengthens its position in the government space.
