PrimeSoft, a leading IT solutions provider based out of Columbia, Maryland, United States, announced the acquisition of Tejora Private Limited, a Mumbai-based IT services company. Tejora’s innovative financial technology products and solutions such as Saffron Pay and Saffron Square have been adopted by major banks and financial institutions in India and South East Asia. Currently, Tejora’s 150+ engineers specialize in full stack technologies such as Angular, React, Java Springboot microservices, .Net, and consult with several banks, financial institutions and insurance companies.

“Our sector focus on Banking, Financial Services and Insurance has yielded large client wins recently in North America and India. This acquisition scales up our talent base and builds on our financial technology strengths to help clients in their digital transformation,” said Prabhaker Ramakrishnan, President at PrimeSoft.

PrimeSoft Solutions, Inc., is an IT services company based out of Columbia in the United States, with development centers in Hyderabad and Bangalore in India. For the last 16 years PrimeSoft has been engineering IT solutions for several venture-funded startups and publicly traded companies in fintech, banking, insurance, healthcare and networking domains. It has a strong engineering team providing Product Development, Cloud and DevOps, and Quality Assurance services by developing a close partnership with its clients’ marketing, product management, and R&D teams to gain a comprehensive understanding of their business including markets, customers, and technology.

Tejora Private Limited is a Mumbai-based company with over 18 years of experience providing Information Technology services to banks, insurance companies, lending institutions, and wealth management firms. Tejora has over 150 engineers specializing in web and cloud technologies. They have served several leading financial institutions as their clients.