Bell ID, a worldwide technology leader in card management solutions, and MGRM Net Limited, India’s leading e-governance technology company, have announced a joint venture to address the emerging opportunities in e-governance and identity management in India.
Both partners shall join their forces in resourcing the proposed joint venture with their product IPRs, applications and requisite skills to lead this emerging space in India.
While Bell ID has one of the most comprehensive smart card management solutions today and manages over 125 million cards in different applications worldwide, MGRM has vast expertise in e-governance with its research based proprietary e-governance platforms for education, healthcare, pharmaceuticals and insurance domains as well as countrywide requirements.
Both partners expect this joint venture to be a significant investment initiative.
“This joint venture synergizes the unique strengths of both MGRM and Bell ID. Bell ID has experience in managing an unrivalled portfolio of international customers in many key markets while MGRM is first in the world to offer research based integrated e-governance platforms”, Dr. KVR Murthy, Founder of MGRM Net, said announcing this 50:50 joint venture.
“We see very exciting prospects in this emerging space. The MGRM-Bell ID joint venture will explore smart card related opportunities secured by biometric applications based on domain research and integrate them with MGRM’s OmVcard capability,” said Pat B. Curran, Chairman of Bell ID.
Bell ID’s expertise of having managed ID programs worldwide equips the company to marry their strengths with the MGRM Net’s on-ground experience of having developed, deployed and continued managed research based integrated IT applications in different domains in India using its proprietary OmVcard.
The MGRM-Bell ID joint venture will become operational in the next quarter or as soon as it completes the necessary formalities. An operational team is expected to step in as early as next month.
About MGRM Net Limited
MGRM Net Limited, India’s leading e-governance technology company, markets and implements its proprietary research based education expert systems, pharmaceuticals e-governance systems and countrywide e-governance solutions. The solutions are linked through a single, proprietary OmVcard the Online Multi-domain Value Card. These systems address the multi-dimensional, life cycle based needs of education (M-Star), pharmaceuticals (M-Pharma), insurance (M-Sure) and country and state governance (M-Gov) using patented concepts “Delivery to Development” and “Multi-Completeness Solutions”.
These systems are designed after over 18 years of global research by its technology parent, MGRM Technologies Inc., USA. MGRM Net uses its vast expertise through a network of exclusive technologies on the Information, Communication and Telecommunication platforms (ICT Tools), including Wireless and Mobile technologies, Server technologies and other microprocessor-based systems with advanced data and multi-media networks to offer complete, end-to-end solutions.
M-Star Educational e-governance meets the vertical and horizontal requirements of educational systems through an integrated, proprietary platform comprising of the Student, Management and Institutional layers. It is a 24/7 one-stop service covering the entire education life of an individual, starting from pre-primary to adult education. M-Star Education Expert Systems are e-governance continued compliant integrated applications for schools, colleges and universities that completely integrate all academic and administrative departments within the institution. M-Gov platform offers country- or state-wide IDs and services for all citizens along with development and management of country portal.