Majesco acquires insurance software business in India
19th Mar 2019

NASDAQ listed Majesco has acquired the India based insurance software business from its parent company, Majesco. The business will be acquired by Majesco's 100% subsidiary in India, Majesco Software and Solutions India (MSSIPL), and is subject to statutory approvals including approval of the shareholders of Majesco and shall be effective from April 1, 2019.

Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.