Mumbai tech company in advanced talks with South Americans
Protean eGov Technologies Ltd of Mumbai is promoting its expertise in digital public infrastructure and innovative citizen centric e-governance solutions in new markets.
“We expect to implement the India Health Stack including CoWIN as an open source technology implementation through bilateral G-to-G agreements for a number of emerging economies that have planned out digitization programmes,” Managing Director & CEO Suresh Sethi said on the sidelines of Singapore Fintech Festival held 2-4 Nov 2022.
“Protean is in an advanced stage of discussion to take this stack to a South American country using its 25+ year experience of collaboration in e-governance and working experience with the Indian Government,” he said.
“The company has also received significant interest from countries in other emerging markets in Africa and Asia for the India Health Stack which is seen as one of the best in the world.”
The success of the CoWIN model is noted for having handled 200 crore vaccinations during the COVID 19 pandemic.
“We are taking our e-governance capabilities that enabled national transformation in the spaces of taxation, social security and national identity to international markets,” he said.
“These are stacks that we have worked on in close collaboration with the Indian Government,” elaborated Sethi.
“Protean is also working on national-scale projects involving digital commerce and mobility in India. These are areas we are working on very closely both with the Government and enterprises.” Press Trust of India quoted Sethi as saying.
The Reserve Bank of India has also given in principle approval for Account Aggregator to Protean, which is backed by international investors including NSE, UTI and Citibank.
Meanwhile, Protean has set up a Protean Infosec Services Ltd to tackle cyber security, given that it has handled huge volume of data related to work it has done on national pension scheme.
“We realize the value of cyber security in all the technology and data we manage. As an experienced technology-led organization, we are well versed with managing huge amounts of data.” said Sethi of the role played by Protean as the key IT enabled service provider engaged in conceptualizing, developing and executing nationally critical and population scale greenfield technology solutions.
The company’s core strength lies in not just enabling technology, but also providing the necessary interventions for ecosystem creation and adoption of new technologies and business models, he said. fiinews.com
