MAGELLANIC CLOUD LIMITED : IVIS DEPLOYS E-SURVEILLANCE SOLUTION FOR MANAPPURAM FINANCE

• Magellanic Cloud Limited's subsidiary, IVIS International Private Limited, received a Letter of Intent (LOI) from Manappuram Finance Limited for outsourced Command & Control Centre (CCC) e-surveillance services. • IVIS will deploy an end-to-end security solution across Manappuram Finance's branch network, including supply, installation, commissioning, monitoring, and maintenance. • Key highlights include Al-powered surveillance, proactive security management, and a phased expansion to over 1,000+ branches. • The LOI is non-binding, with final terms subject to definitive agreements. Impact: Strategic expansion into BFSI sector with a major gold loan institution.

Magellanic Cloud Limited

Open attachment

← Back to feed