Religare Technova
Encyclopedia
Religare Technova Limited is the holding company of the IT businesses of a large diversified Indian transnational promoter group, with business interests in Financial Services, Health Care, Wellness, Pharmaceuticals, Aviation and Travel. Other group entities include Religare Enterprises, Fortis HealthCare, Religare Wellness (formerly Fortis HealthWorld), Super Religare Laboratories (formerly SRL Ranbaxy) and Religare Voyages.

Promoter Group

The Promoter Group behind Religare Technova carries the legacy of various successful companies across industries. The Board of Directors include:

1) Mr. Malvinder Mohan Singh
Malvinder Mohan Singh
Malvinder Mohan Singh is the son of Dr. Parvinder Singh, and is the former Chairman and CEO of Ranbaxy Laboratories. He is the grandson of Bhai Mohan Singh, the founder of Ranbaxy. He and his brother Shivinder Singh are among the top twenty richest Indians in the world...



2) Mr. Sunil Godhwani

3) Mr. Shivinder Mohan Singh
Shivinder Mohan Singh
Shivinder Mohan Singh is the younger son of Dr. Parvinder Singh, and is currently the managing director of Fortis Healthcare, an Indian company. He is the grandson of Bhai Mohan Singh, the founder of generic drug maker Ranbaxy Laboratories. He and his brother Malvinder Singh are among the top...



4) Mr. Maninder Singh Grewal

5) Mr. Harpal Singh

6) Mr. Padam Bahl

7) Mr. Vikram Sahgal

8) Dr. P S Joshi

9) Mr. J W Balani

10) Ms. Sunita Naidoo

Entities under the Religare Technova umbrella

The companies under Religare Technova’s umbrella are Religare Technova Global Solutions Ltd (formerly Asian CERC Information Technology Ltd) and Capital Market Solutions Pty Ltd (being renamed as Religare Technova Global Solutions Pty Ltd); Religare Technova IT Services Limited, which provides Enterprise IT Solutions and Religare Technova Business Intellect Ltd, which provides Knowledge Management Solutions.

Global Reach

Currently with over 2000 employees and presence in over 10 countries, Religare Technova is in the global IT space. The group entities provide IT services, products and solutions. Religare Technova sells information technology and business process outsourcing to clients in verticals such as Banking and Financial Services, Insurance, Capital Markets and Health Sciences.
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Acquisitions

The holding company Fortis Financial entered into a share-purchase and subscription agreement with ACERC Information Technology for acquiring 23.52 lakh equity shares.

Religare Technova Ltd. ("RTL")(formerly Fortis Financial Services Ltd), which is a substantial stakeholder of ‘Asian CERC Information Technology Ltd’ (ACERC) — a leading capital market software provider — acquired Capital Market Solutions Pty Ltd (CMS) — an Australian software major providing solutions and services to financial markets in Asia Pacific and UK.

RTL acquired 76 per cent equity of CMS through Regius Infotech Private and Regius Overseas Holding Company, Mauritius — a special purpose vehicle formed by it.

Awards and recognition

Religare Technova, a Microsoft Gold Certified Partner, has been awarded membership of the elite Microsoft Dynamics President’s Club 2008. The President’s Club consists of only 13 members across India.

Religare Technova was also honored with the ‘Star Emerging SI Sales Award by Microsoft’ in 2008.

The prestigious ‘Amity HR Excellence Award’ was awarded to Religare Technova at the Fifth Global HR Summit 2008.

Religare Technova has been appointed ASP for Lenovo. The relationship is for a pan-India footprint and pertains to Lenovo PC’s and Laptops.

Religare Technova has been awarded the mantle of Cisco Premier Certified Partner in India Sub-Continent.
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