+
Protean eGov Bags Rs 1 Bn Tech Deal for Bima Sugam Platform
Technology

Protean eGov Bags Rs 1 Bn Tech Deal for Bima Sugam Platform

Protean eGov Technologies has secured a work order worth around Rs 1 billion from the Bima Sugam India Federation (BSIF), as per a regulatory filing. The order was awarded on June 9, 2025, following a request for proposal (RFP) process.

Under the contract, Protean will serve as the technology solution provider for the Bima Sugam Marketplace. Its responsibilities will include overseeing the end-to-end development, implementation, platform integration, support, and maintenance of the digital insurance marketplace.

The engagement is seen as a continuation of Protean’s involvement in building national-level, citizen-centric digital systems, reinforcing its role in India’s Digital Public Infrastructure (DPI) initiatives.

The project is expected to be completed within 72 months from the date the contract is executed.

BSIF, the awarding body, is a not-for-profit organisation comprising major stakeholders from India’s insurance sector. It governs Bima Sugam, a national digital platform aimed at creating a unified marketplace for insurance products and services.

News source: Financial Express


Protean eGov Technologies has secured a work order worth around Rs 1 billion from the Bima Sugam India Federation (BSIF), as per a regulatory filing. The order was awarded on June 9, 2025, following a request for proposal (RFP) process.Under the contract, Protean will serve as the technology solution provider for the Bima Sugam Marketplace. Its responsibilities will include overseeing the end-to-end development, implementation, platform integration, support, and maintenance of the digital insurance marketplace.The engagement is seen as a continuation of Protean’s involvement in building national-level, citizen-centric digital systems, reinforcing its role in India’s Digital Public Infrastructure (DPI) initiatives.The project is expected to be completed within 72 months from the date the contract is executed.BSIF, the awarding body, is a not-for-profit organisation comprising major stakeholders from India’s insurance sector. It governs Bima Sugam, a national digital platform aimed at creating a unified marketplace for insurance products and services.News source: Financial Express

Next Story
Real Estate

DLF and Trident’s ‘The Westpark’ Sells Out, Logs Rs 23 Bn

DLF Home Developers, a 100 per cent subsidiary of DLF, in partnership with Trident Realty, has made a strong entry into Mumbai’s residential real estate market with its premium project The Westpark in Andheri West. The project achieved over Rs 23 billion in sales as all 416 units launched under Phase 1 were sold out within a week.The four towers feature 3 and 4 BHK residences with exclusive penthouses. Key highlights include a ~1.46-acre landscaped podium garden, a 50,000 sq. ft. lifestyle hub, indoor recreational zones, and a multi-tier security system.Located off Link Road, the project enj..

Next Story
Infrastructure Energy

CRISIL Rates Rs 2,086 Cr ACME Projects 'AA-/Stable'

CRISIL Ratings has assigned a 'CRISIL AA-/Stable' rating to the long-term bank facilities worth Rs 2.08 billion of ACME Deohar Solar Power (ADSPPL) and ACME Phalodi Solar Power (APSPPL). Both entities are wholly owned subsidiaries of ACME Solar Holdings (ASHL), and the rating pertains to their renewable energy projects in Rajasthan with a combined capacity of 600 MW. The loan facility has been sanctioned by Power Finance Corporation.The rating reflects strong revenue visibility, healthy financial metrics, robust debt servicing capability, and a secure cash flow structure. A key strength cited ..

Next Story
Infrastructure Transport

Dhamra Port Handles Record Coal Import for Tata Steel

In a major boost to Odisha’s maritime and industrial capabilities, Dhamra Port has handled its largest-ever imported coking coal consignment, totalling 186,782 metric tonnes, brought in by Tata Steel Ltd, one of India’s leading steel producers. The shipment arrived aboard a massive vessel measuring 299.95 metres in length, with a 50-metre beam and an 18.40-metre draft, underscoring the port’s capacity to berth and unload ultra-large carriers with efficiency.This milestone reinforces Dhamra Port’s position as a leading deep-draft facility on India’s eastern coast and reflects its expa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?