Archive · 14 Nov 2025
ITC Infotech Partners with Nippon Life India Asset Management for Digital Transformation
Imagine two companies working together to make one company's computer systems much better.
One company, ITC Infotech, is like a tech helper that knows a lot about computers and helping businesses grow.
The other company, Nippon Life India Asset Management (NAM India), manages money for lots of people in India.
NAM India wants to make its technology stronger, work more smoothly, and be ready for the future.
So, they've asked ITC Infotech to help them fix their computer systems, protect their information, and use new technologies like artificial intelligence.
ITC Infotech will also set up a special team in Mumbai to help with all these improvements.
This partnership will help NAM India become a 'digital-first' company, meaning they'll use technology in the best way possible to serve their customers and grow their business.
ITC Infotech has secured a multi-year contract with Nippon Life India Asset Management Ltd. (NAM India).
The partnership aims to modernize NAM India's core technology operations, including applications, infrastructure, and cybersecurity.
ITC Infotech will also enable advanced data, digital, and AI-driven initiatives for NAM India.
A dedicated Offshore Development Center (ODC) will be established in Mumbai to enhance agility and delivery.
The collaboration is a significant step for ITC Infotech in the financial services sector and for NAM India's digital transformation journey.
- Who
- ITC Infotech and Nippon Life India Asset Management Ltd. (NAM India)
- What
- A multi-year contract for ITC Infotech to manage and modernize NAM India’s technology operations, drive digital transformation, and establish an Offshore Development Center.
- When
- A multi-year engagement beginning recently (specific start date not provided).
- Where
- Bangalore, Karnataka, India (ITC Infotech's location) and Mumbai, India (for the ODC).
- Why
- To strengthen NAM India's technology backbone, enhance operational resilience, drive digital transformation, enable advanced data, digital, and AI-driven initiatives, and support future-ready business growth.
Nippon Life India Asset Management Ltd. (NAM India)
ITC Infotech
Goals of the Partnership
Nippon Life India Asset Management Ltd. (NAM India)
Aims to strengthen technology backbone, enhance operational resilience, and bring greater agility to become a future-ready organization.
ITC Infotech
Seeks to drive digital transformation, modernize core technology operations, and enable advanced data, digital, and AI-driven initiatives for NAM India.
Capabilities and Expertise
Nippon Life India Asset Management Ltd. (NAM India)
Relies on ITC Infotech's deep industry expertise and advanced digital capabilities for modernization and transformation.
ITC Infotech
Leverages its proven expertise in transforming financial institutions through digital technologies and its strong understanding of the financial services landscape.
- Partnering Companies
- ITC Infotech and Nippon Life India Asset Management Ltd. (NAM India)
- Contract Duration
- Multi-year
- ITC Infotech's Role
- Manage and modernize core technology operations, including applications, infrastructure, and cybersecurity; provide strategic technology advisory; set up an Offshore Development Center (ODC) in Mumbai.
- NAM India's Objective
- Strengthen technology backbone, enhance operational resilience, drive digital transformation, and foster future-ready business growth.
- ITC Infotech's Expertise
- Deep industry expertise, advanced digital capabilities, AI-driven initiatives, and experience in financial services transformation.
- NAM India's Offerings
- Mutual funds, portfolio management services, and alternative investments.