Chennai: Jumpnet has decided to grow its proprietary blockchain platform across India by partnering and investing with MOS Utility Pvt. Ltd.
Jumpnet will migrate all of MOS’ operations to its proprietary blockchain platform. The partnership is expected to generate revenues of over Rs 1000 crore in the next 12 months.
Harshawardhan Sabale, managing director, Jump Networks Ltd said, “the opportunity in India is the biggest in the world for our technology. Our integrated ecosystem ‘Jumpnet’ – physical and digital network offering – allows us to reach audiences most others cannot. With a fintech partner like MOS, our focus is now to take our spectrum of financial services to newer markets at more affordable prices as well as added convenience. With offices in multiple locations, B2B & D2C businesses and a strong and experienced team, our vision is to explore the $100 billion+ opportunity in India alone.”