The company said it has signed a strategic three-year agreement with a leading US-based digital insurance payments platform. The engagement marks a significant expansion of Aurionpro’s existing relationship with the customer, which already uses the company’s payments framework software and allied services.
Under the expanded mandate, Aurionpro will provide proprietary software and advanced technology solutions, including enhancement and maintenance of the existing payment platform, cloud and DevOps solutions, as well as AI and data engineering support.
The company said the engagement is expected to generate more than $33 million in revenue over the contract period.
Commenting on the development, Raj Biyani, Executive Vice President and Head of Aurionpro Fintech Inc., said, “We are thrilled to announce this landmark win and deeply value the continued trust that our customer has placed in Aurionpro and our technology capabilities.”
“This represents our largest deal win in the US region and reflects the strength of our solutions, the deep domain expertise, strong engineering talent, and scalable technology capabilities that we have built over the years,” he added.
Biyani further said the engagement strengthens Aurionpro’s credentials in the US market and creates a strong reference point for further growth in the payments and fintech space.
Aurionpro Fintech focuses on delivering AI-led technology solutions for the payments and fintech ecosystem, leveraging cloud infrastructure, automation, data engineering and digital engineering capabilities.
Shares of Aurionpro Solutions gained about 4.5% following the order win announcement, and were trading at ₹817.25 as of 10.31 am, up 3.6%. The stock has lost nearly 9% over the last month and more than 41% in the past year.
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