Luminous, a boutique banking innovation company, today announced the signing of a partnering agreement with Nihilent Technologies for the Indian region.
Nihilent is one of the fastest-growing global consulting and solutions integration companies that uses a holistic and systems approach to problem solving.
According to the terms of the agreement, Nihilent will sell Luminous' solutions in India where over half of the country's 1.2 billion people are banked.
Warren Bond, CEO of Luminous, said: "Luminous is delighted to be entering into a partnership with Nihilent, which has a proven track record of success in this region. Luminous is keen to capitalise on Nihilent's local knowledge, experience and expertise."
LC Singh, President and CEO Nihilent Technologies, said: "Nihilent is thrilled to engage with one of the leading innovators in the financial services market. With Luminous' unique business-case-driven approach, which delivers excellent ROI for banks, we feel extremely confident that Luminous' innovations will achieve success in this market."
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