Mumbai, February 26, 2026: Infinity Infoway Limited (BSE: 544567) has secured a government contract valued at approximately ₹10.97 crore from the Knowledge Consortium of Gujarat, under the Education Department, Government of Gujarat, for delivering AI-based data analytics and business intelligence services.
The agreement, dated February 25, 2026, involves the design, development, implementation, testing, operations, and maintenance of AI-based Data Analytics Services (Version 2). The project will be executed at the buyer’s premises and spans a tenure of five years.
Contract Overview
| Particulars | Details |
|---|---|
| Awarding Authority | Knowledge Consortium of Gujarat, Education Department, Government of Gujarat |
| Vendor | Infinity Infoway Limited |
| Nature of Contract | AI-based Data Analytics & Business Intelligence Services |
| Contract Value | ₹10.97 crore (approx., inclusive of applicable taxes) |
| Contract Tenure | 5 years |
| Date of Agreement | February 25, 2026 |
| Ordinary Course of Business | Yes |
The contract value represents more than 10 percent of the company’s latest audited turnover, making it a significant addition to its order book.
Infinity Infoway clarified that the promoters or promoter group entities do not have any interest in the awarding authority. The transaction does not fall within related party arrangements.
The company stated that the contract aligns with its existing line of operations and has been awarded in the ordinary course of business.
About Infinity Infoway Limited
Infinity Infoway Limited is engaged in providing enterprise solutions including ERP and CRM solutions, business analytics, travel booking engines, cloud and IT infrastructure management, web and software development, payment gateway solutions, SEO, and online marketing services. The company is listed on the BSE under scrip code 544567.Source:
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