June 16, 2020
The partnership between Intellect Design
The partnership between Intellect Design Arena and HUDCO includes provision of
digital lending, treasury, general ledger and integrated accounting, procurement
management among others, city-based Intellect said in a statement here."We take
pride to have been chosen as the strategic partner for HUDCO, a premier
national-level techno-financial organisation," Intellect Design Arena Ltd
president (APAC, South Asia, Middle East and Africa) K Srinivasan said in the
statement.Commenting on the partnership with Intellect, HUDCOs CMD Ravi Kanth
said, "This partnership gives momentum to the Digital Displays
& Light-box Materials suppliers India initiative as we aspire to promote
technology and Digital India in our operations".Chennai: Intellect Design Arena
Ltd, a specialist in financial technology across banking and insurance sectors,
on Thursday said it has been selected by Housing and Urban Development
Corporation (HUDCO) for integrated lending and ERP solutions."We believe
Intellect will play a significant role in driving HUDCOs digital transformation
agenda contributing to the Digital India vision", he said.HUDCO is a
wholly-owned entity of the Ministry of Housing and Urban Affairs."Looking ahead
for a more agile and flexible operations we chose Intellect for its next-gen
technology to implement an integrated large-scale ERP solution that will give
greater visibility for the management," he said.
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