SoftAge to launch telecom aggregator platform

NEW DELHI: Asia's document management provider, SoftAge is launching an aggregator platform and mobile app for sim card services which will be a one stop destination and provide services like door step delivery of Data Card Sim card order, recharge, bill payment options and users will be able to compare pre paid and post paid plans on a single platform.

The company has finished signing contracts with Vodafone, Idea and Tata and is in the process of talking to Aircel , Airtel and Reliance.

Platform details

The new platform will aim at cutting down the processing time for mobile connections in India drastically and will facilitate  connections for customers in 1-4 hours.As of now customer's usually have to go retail shops and stores for sim card services which usually entails a long processing time of identity proofs like photo id etc. and can take anytime upto 8-48 hours.

Launch details

Platform is scheduled to be launched in Gurgaon by end-September and in Delhi NCR 1st week of October. It will then be rolled out in the next 6 months to 120 cities pan India. The company has finished signing contracts with Vodafone, Idea and Tata and is in the process of talking to Aircel , Airtel and Reliance.

SoftAge currently provides highly efficient process's on document data flow right from the point-of-collection to the warehouse, including verification, audit, scanning, record creation, data and document retrieval. SoftAge complies with norms set by Telecom Regulatory Authority of India (TRAI) and follow their rules pertaining to physical and data security. The company also takes adequate measures to make their warehouse fire proof, so that there are no ways of loss of documents due to an accidental fire.

Revenue

The company has aggressive plans to achieve their set target by end of this year and are projecting to cross 250 crores in revenueby end of this year for their core business.

With the new venture is projecting to add additional 500 crore to it's revenue figures for FY 2017-18

Inception behind the new platform-Since SoftAge is a leading name in the IT service industry and they already have a strong hold in providing services to the telecom industry they decided to venture into the e-commerce space in an industry vertical they are comfortable in.SoftAge already has a strong presence pan India which they plan to use for their advantage in the new venture as well . The company currently has 15 Circle offices, 558 Spoke Offices and 11 Warehouses in India . SoftAge is also present in UAE & Middle East and African markets