Company History: The Company was incorporated in 1993 as a wholly owned subsidiary ofICICI. ICICI was merged with ICICI Bank with effect from March 29 2002. The Company began functioning as a back office processing companyfor ICICI/ICICI Bank certain of their subsidiaries and affiliates. In1999 technology initiatives across ICICI/ICICI Bank certain of theirsubsidiaries and affiliates were consolidated under the Company.Additionally in order to leverage the expertise derived by servicingICICI/ICICI Bank certain of their subsidiaries and affiliates theCompany made an entry into information technology services business inlate 1999 by providing: (i) software development and services; (ii) ITinfrastructure and network management; and (iii) IT enabled BPOservices. In March 2002 ICICI divested majority of our Equity Shares by virtue of which we ceased to be a subsidiary of ICICI.2003
-The company has bagged contracts totalling $2.35 million from international banking firms including Finansa Plc of Singapore and Nepal Bank.
2004
-ICICI Infotech in alliance with Gerber Technology of US
-Stanchart picks up ICICI Infotech Services' customer acquisition and channel partner management suite Triton for its operations in India and Malaysia
- ICICI Infotech has bagged a contract for implementation of Orion10 an ERP-II solution at TTK Prestige Ltd part of the TTK Group
- ICICI Infotech announced the launch of an ERP solution designed to meet the specialised demands of small and medium scale industries.
-The Department of Company Affairs (DCA) has shortlisted Tata Consultancy Services and ICICI Infotech for its Rs 400-crore computerisation programme
-Gets mandate to operate TINXYS (Tax Information Exchange System)
-ICICI Infotech launches 'dbizpro'
2005
-3i Infotech files red herring prospectus with Sebi for IPO
-3i Infotech Ltd has decided to fix the issue price of its initial public offering at Rs 100 per share. The IPO of the company which closed on April 4 was subscribed by more than six times. It received more than 1.72 lakh applications accounting for a total demand of over 12.1 crore shares. The institutional portion was subscribed 5.16 times with a total demand for over 5.05 crore shares.
-3i Info forges alliance with Supertech Solutions
-3I Infotech enters into marketing alliance with Orlando-based Axena Inc
-3i Infotech honored with "Service Provider of the Year" Award
-3i Infotech releases ORION version 10.3
2006
-3i Infotech launches FCCB offering of $ 50 mn
-3i Infotech sets up product development centre in Kochi
-3i Infotech acquires stake in two firms for $13.5 million
-3i Infotech and Oracle launch Technology Centre of Excellence
2007
- 3i Infotech launches BPO Operations for Mutual Funds
- 3i Infotech Ltd on May 09 2007 has announced that it has partnered with Financial Information Network & Operations Ltd (FINO) to provide financial services through low cost technology enabled delivery channels using Common Service Centres (CSCs).
- 3i Infotech launches new Global Development Centre (GDC) in Chennai.
- 3i Infotech wins Best Software Product Award from HYSEA.
2008
-3i Infotech on April 8 said it has been granted Capability Approval Certificate by the Standardisation Testing and Quality Certification Directorate Department of Information Technology.
- 3i Infotech Ltd has acquired a majority stake of 51% in M/s. Fineng Solutions Pvt Ltd (FinEng) with a commitment to acquire remaining stake in two tranches over a period.
