3i Infotech Subsidiary Secures Managed Services Contract with Leading Federal Credit Union
3i Infotech Limited, through its US entity, has secured a managed services contract with Leading Federal Credit Union in the USA. The engagement focuses on API Development, Maintenance and Support for the client’s operations utilizing the MuleSoft Platform.The agreement was executed on July 13, 2026, involving 3i Infotech Inc., a wholly owned stepdown subsidiary of the company. The contract outlines a fixed fee managed services engagement in which the subsidiary will provide comprehensive support services for APIs implemented on the MuleSoft CloudHub Platform hosted by MuleSoft.
The scope of work encompasses various technical requirements related to the client’s API infrastructure, including technology upgrades and feature enhancements to existing integrations. Other specified responsibilities include development and support for new API integrations, troubleshooting API request failures, urgent and emergency fix deployments, post production support, and general MuleSoft platform assistance.
The contract terms are as follows:
| Particulars | Details |
|---|---|
| Name of the entity awarding the order(s) | Leading Federal Credit Union in the US |
| Nature of service | Managed services fixed fee for API Development, Maintenance and Support on MuleSoft Platform |
| Order Type | International |
| Time Period for Execution | 5 months |
| Broad Consideration / Size of Order | USD 154,165 (Rs. 1.47 Cr approx.), exclusive of applicable taxes |
The contract details confirm that the engagement is with an international entity and that neither the promoter nor the promoter group holds any interest in the awarding client. The transaction is noted not to fall under related party transactions.
3IINFOLTD Stock Price Movement
As of 3:28 PM, shares of 3i Infotech Limited are shedding value in live trading, dipping 2.62% to reach ₹18.19. The stock has traded within a wide range for the session, with intraday low touching ₹18.00 despite volatile movement.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.