This Indian tech firm just won UK business

Exato Technologies has bagged a $2,40,000 export order from Diligenta Limited in Peterborough, England. The order is for supplying software licences.

For context, Exato is a digital engineering firm that builds tech products and offers AI, data and cloud solutions to clients around the world. Its clients include MakeMyTrip, RBL Bank, IGT Solutions, IKS and WNS.

Diligenta, on the other hand, is a UK based, FCA regulated subsidiary of Tata Consultancy Services that provides outsourcing and customer support to life and pensions companies.

What makes this more interesting: Exato’s stock market debut was a showstopper. 

The company listed on the SME platform of BSE at a 90% premium to its IPO price after its issue was oversubscribed a staggering 881 times between November 28 and December 3.