The partnership will offer Majesco customers best-of-breed connectivity to any agency management system, improving efficiency and quality while reducing agent data entry, the company said in a release.
In turn, Appulate will gain a distribution partner that offers market leading solutions for policy and distribution management for insurance carriers, the release added.
The stock opened at Rs 687 and touched a high of Rs 698. At 9:30am, over 86,000 shares were traded on both the stock exchanges.
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