Nagpur company works on organic and inorganic growth strategies
BSE-listed Ceinsys Tech Ltd says its 2022 acquisition of Pune-headquartered AllyGrow Technologies will expand its global reach by leveraging its existing presence in the US and European markets.
The AllyGrow acquisition has helped Ceinsys entered the mobility services space by acquiring, a specialized engineering service provider with core competencies in engineering design, development, and manufacturing engineering services.
This move allowed Ceinsys to tap into the transformative potential of GIS (Geographic Information System) and autonomous driving technologies combined, said the company which is an integral part of the prestigious conglomerate – Meghe Group.
Ceinsys will explore both organic as well as inorganic growth strategies to ensure continued success and increased market influence.
The company operates globally with 12 offices across three continents and has a dedicated team of over 1,000 employees, serving diverse clients. With an eye toward the future, it is committed to expanding its global presence while strengthening its core competencies.
Today, Ceinsys Tech Ltd, a CMMI Level 5 V2.0 appraised company, is a prominent player in the Geospatial, Engineering, and Mobility Solutions space.
Ceinsys Chairman Sagar Meghe commented on the firm’s strong dedication to innovation and customers. “Our journey is defined by an exceptional team and a legacy of accomplishments.
“Through investments in human capital, innovation and technology, we have continuously improved while staying true to our core principle of ‘Enhancing Possibilities’.
“Enriching human life remains our unwavering focus as we embrace opportunities and deliver greater value. Together, we will shape a brighter future,” he said at the commemoration of Ceinsys 25th anniversary on 8 July 2023. Fiinews.com
